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New American Dream is renting to get rich

  • 16.02.2012
  • By Lou Carlozo, Reuters
renting better

Examining 250 properties around the U.S., and going through close to 40 client files to project the financial impact of owning real estate versus liquidating it, Arzaga, an adjunct professor in personal finance at the University of California at Berkeley, found that, "100 percent of the time it was better to rent, rather than own."

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