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There’s been a lot of talk in and around CRE about the shifting desire of many to rent rather than own a home. Perhaps it makes some feel comfortable, but John Burns Real Estate Consulting points to numbers, not emotions.

“A little over a year ago, the monthly cost of owning (as we calculate it) and renting were virtually identical,” they wrote. “Now, owning a home costs $839 more per month than renting. This differential is almost $200 higher than at any time since the turn of the century.”

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