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buy vs. rent

In a recent Home Cents blog, Claire Neary laid out the reasons why she is content to keep renting, at least for now, and her reasons for waiting to buy a house. Her colleague Jody White countered with his own blog post on why he's happy he bought a place and is out of the renting game.

Globe Investor personal finance columnist Rob Carrick has some thoughts on this topic. In this column, his advice for young adults is to suck it up and keep renting, until house prices fall from exorbitant highs to more affordable levels.

Ms. Neary, Mr. White and Mr. Carrick took your questions on the financial wisdom of renting versus buying. Mobile users can view that chat here.

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