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Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by aardvarkious on Monday May 12, 2008 @04:13PM (#187920)
If you want to play with numbers, the New York Times has an excellent tool:

http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAP...

It allows you to play with multiple variables and then tells you how many years you need to own a home for in order for it to become profitable.

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