Conventional wisdom has suggested for years that buying a home is more financially advantageous than renting. Homeownership offers the opportunity to build equity, enjoy a predictable mortgage payment and take advantage of tax incentives, among other benefits.

However, a new analysis of the choice between buying and renting could tip the scales toward the latter in the quest to build wealth, according to a report by Hunter Housing Economics highlighted by Quinn Residences, which develops single-family homes for rent.

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