This question can be answered in several ways depending on your unique circumstances. Here is one way to examine according to Wall Street Journal. Link to the article: http://online.wsj.com/news/articles/SB10001424052702303948104579534230618539424?mod=e2fb ———————– Buying a home has long been part of the American dream. But rising prices have made renting less expensive in many places. How They Rank … More Renting or Buying?