Buying in Louisville 40 Percent Cheaper than Renting
Posted by Mike Hall on Tuesday, November 11, 2014 at 11:03 AM
By Mike Hall / November 11, 2014
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Louisville: The City where Buying is Cheaper than Renting
An economist on Trulia recently sliced and diced some data to determine if renting or buying is the cheaper option. It largely depends on where you live.
Some major cities, it's a pretty tough call - New York, L.A. and San Francisco take a little more calculation to determine if buying is less expensive than renting.
But for most midwest markets - Louisville being one - it is really economical to buy. In fact the article includes an interactive map that shows it's 40 to 60 percent CHEAPER to buy in Louisville compared to renting.
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