A "For Sale" sign outside a home in Brooklyn, New York, where buying is still more than 20 per cent cheaper than renting. Photo: Bloomberg
A "For Sale" sign outside a home in Brooklyn, New York, where buying is still more than 20 per cent cheaper than renting. Photo: Bloomberg
Property /  International

Buying still cheaper than renting in US thanks to Fed's support for loans

Central bank's extension of backing for US mortgage market means borrowing costs remain about a third cheaper than renting

Bloomberg
Bloomberg

Updated: 4:44am, 25 Sep, 2013

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A "For Sale" sign outside a home in Brooklyn, New York, where buying is still more than 20 per cent cheaper than renting. Photo: Bloomberg
A "For Sale" sign outside a home in Brooklyn, New York, where buying is still more than 20 per cent cheaper than renting. Photo: Bloomberg
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