Better To Rent? Quite Possible!

Ray Martin says:

according to the Census Bureau, rental vacancy rates remain near the record high of more than 10 percent, the highest since they began to collect this data in 1960.

Since before the mid-'90s, the increases in the housing price index and the CPI rent index have tracked closely to each other. But over the past eight years, there has been a significant divergence, where the costs of owning a home have literally sprinted ahead of the pace of increase in rental costs, rising more than 20 percent more.

CBSNews