Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?

Mark Zandi

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Author Profession: Economist
Nationality: American Quotes

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