If you can buy a home, should you? Homeownership is the American Dream, after all, and the 2010 Census (PDF) shows that in all the occupied homes in the country, twice as many people own than rent. That’s over 111 million homes, out of which 75 million are occupied by the owner, and 36 million by renters. We also know that people don’t always make the most perfect financial decisions, so let’s take a look at some of the factors that can help you determine whether to buy or rent.
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