buying: Buying Verses Renting Debate
- 02/01/11 03:59 AM
On January 24, 2011 The Huffington Post ran an article entitled “Buying A Home Cheaper In Nearly Three Quarters Of Big U.S. Cities: Trulia” where they discussed whether or not renting is still cheaper than buying in the US. Obviously according to the title, it is not. As an avid renter myself, I decided to see if this was true in Wilmington, NC.
I began with searching for the average annual gross income for Wilmington. According to SimplyHired.com, the average gross salary in Wilmington, NC is $32,450 which breaks down to $2,704 a month. Based off my own renting knowledge, (0 comments)