In Dallas, Denver, Houston, Kansas City and Seattle, consumers looking to build wealth are better off renting a property and reinvesting the money they would have spent on ownership, according to an analysis by professors at Florida Atlantic University and Florida International University.
That's because the total monthly cost of homeownership in those areas is rising faster than monthly rents, the researchers said.
As the cost of housing continues to soar, deciding whether to buy a home or rent one is a virtual toss-up in many parts of the country. But the decision is clear-cut in eight major metropolitan areas,
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