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Is Renting Cheaper Than Buying?

NPR | By Michele Norris

Published March 11, 2005 at 12:00 AM EST

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Michele Norris talks with Pam Woodall, economics editor of the Economist magazine, about the housing market. The magazine conducted a survey of costs associated with renting and buying in the U.S. and in the U.K., and argues that in some cases, home ownership does not trump renting.