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Renting vs. Buying

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

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.