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Buy vs. Rent: These days, buying wins

Article by Les Christy May 13, 2011 Published on CNNMoney

For the first time in years, buying a home may beat renting. It has become very lucrative in recent years to rent out properties. If you are fortunate enough to be in this position, it would be a wise decision to stock up on lease agreement forms.

Two factors are at play, according to researchers who recently crunched the numbers, Ken Johnson of Florida International University and Eli Beracha of East Carolina University for a paper to be published in Real Estate Economics.