Top Places In The Country To Buy Or Rent Retirement Home

Thinking about retirement in a sunny climate?

The good folks at the Wall Street Journal have put a lot of work into determining where its safer to buy or to rent by comparing average rental prices with sales prices.

Albuquerque: rent instead of buy, prices still likely to drop

Charlotte, N.C.: renting looks like a better deal for now

Greensville, S.C.: can’t go wrong either way

Las Vegas: oversupply of homes, rent for a while

Miami: you can rent safely for years

Orlando: close call

Phoenix: buying time

Sacramento: rent

San Diego: depends where in the city

Tampa/St. Petersburg: no question, rent

Obviously you want to do a lot more research before making a decision, but comparing the cost of rental with the cost of buying a house or a condo as well as comparing rental vacancy rates and housing inventory are critical pieces of the puzzle.

Similar Posts:

• Renting Vs Buying A House: In Many Areas Its Still Cheaper To Rent
• NYT Does Excellent Look at Car Rental ‘Fees’
• Verizon Website Can Cut Your Phone Cost If You Know The Trick
• PolitiFact.com: have fun learning about who is telling the truth in politics
• American and United Offer Big Sales
• Why The Rich Default On Mortgages: Because They Can In Calif and Arizona