Re:Renting Is Cheaper Than Buying, Almost Everywhere
by ladyattis on Friday June 11, 2021 @10:22AM
(#27473760)
I would like to see the dataset the NYT article is using because if they're comparing a HOUSE versus say an apartment that's an apples to oranges comparison. If they did a head to head with renting a house versus buying a house then this would be more fair.
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Re:Renting Is Cheaper Than Buying, Almost Everywhere
by turkishmonky on Friday June 11, 2021 @11:29AM
(#27474669)
It appears the methodology is extremely blunt - there's no mention of adjustments for square footage, rooms, income, or any other variable, just the median household spend on renting vs house gross costs.
Since most houses are larger than most apartments, the results are going to skew towards apartments being cheaper.
https://www.lendingtree.com/home/mortgage/comparing-rent-vs-...