Buying is more affordable than renting in 98 out of 100 largest U.S. metro areas - even in NYC,...

|By:, SA News Editor

Buying is more affordable than renting in 98 out of 100 largest U.S. metro areas - even in NYC, LA and Boston, according to real estate company Trulia's latest rent vs. buy index. Homeowners are choosing, or being forced, to rent rather than buy, and the influx of demand squeezes the rental supply, pushing monthly rents higher.