A thumbs-up (sort of) to buying
Three-quarters of Americans polled for the National Apartment Association said renting is preferable to owning in the current market. But another large group of Americans -- close to two-thirds polled by Fannie Mae -- of are the opinion that now is a good time to buy.
So I asked you to break the deadlock.
Is now a better time to buy or rent? Or does neither have a clear advantage these days?
Forty-six percent of you say it's a better time to buy, the most popular answer -- though a plurality rather than an absolute majority.
Thirty-nine percent say it's a better time to rent.
And the rest -- about 15 percent -- say "six of one, half dozen of another."
There's been a lot of discussion about prices, rents, property taxes, tax deductions and the like, but I'd be interested to hear about how the process of finding a place to buy or rent has gone for you in recent months. Difficult? Easy-peasy?
Did you intend to buy, get frustrated midway through and switch to renting -- or vice versa?