Some Highlights:
* The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
* Buying costs are significantly less than renting costs.
* The percentage of income needed to afford a median priced home is less than the historic norm. http://www.simplifyingthemarket.com/en/2016/05/20/renting-vs-buying-what-does-it-really-cost-infographic/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage
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