Results tagged “davidleonhardt”

An article in the NY Times advises renters are better off paying that monthly check to the landlord than actually buying property. In “A Word of Advice During a Housing Slump: Rent” writer David Leonhardt takes data from every metropolitan area (including LA) to forecast the benefits of buying vs. renting. Leonhardt writes: “Over the next five years, which is about the average amount of time recent buyers have remained in their homes, prices...