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Renting vs. Buying

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The housing market is still booming and prices are skyrocketing in many hot areas. With costs so high, some economists say it might make more sense to rent. A look at the financial choice many people face.

Copyright 2005 NPR

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NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition. He joined NPR in 1996 and was based in San Francisco before moving to Boston in 2001.