Dru showed us her blog post that highlights this really cool graph on the NY times website…
Well, that depends on lots! But a few of the variables this graph takes into consideration are…
◊ What’s the cost of the home?
◊ How much are you paying for rent?
◊ Are homes in the area appreciating or depreciating?
◊ How long do you plan on staying put?
◊ Are rents going up or down?
◊ What’s the interest rate on your mortgage?
◊ How much is your down payment?
◊ How much are the property taxes?
Pass this along to your buyers that are having trouble answering this question for themselves!