Again, getforfree, it all depends on where you live. I live in South Florida and our property taxes and insurance is a huge problem down here. We have businesses that have relocated out of state. We also have folks on fixed income unable to pay the ridiculous property insurance. Not to mention that the insurers aren't really insuring what they used to. I look at the policy and say "why buy hurricane coverage".
I personally like home ownership, but for some people that are single, renting can come out more economical for them when you figure in ALL the costs.
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