Rent vs. Buy: Is the Dallas Housing Market at a Tipping Point?
If you're looking to build wealth, it might be wiser to rent a home in Dallas-Fort Worth than to buy.
That's the finding of a study by economists at Florida Atlantic and Florida International universities. Their research compares two North Texas consumers starting out with the same pile of money, with one buying a home and the other renting and reinvesting in stocks and bonds over an eight-year period.
The renter would come out ahead financially, the economists concluded.