For renters, buying a home pays off after three years on average

A new analysis by real estate website Zillow shows that, on average, a renter thinking about buying a home will reach what it calls the “break-even horizon,” after just three years.  The break-even horizon compares what it would cost to buy or rent the same home in a number of U.S. markets over time.
Full Story: http://www.latimes.com/business/realestate/la-fi-rent-or-own-20120802,0,6114437.story