Is it cheaper to rent or buy a home?

A new Bankrate study shows it's cheaper to rent than it is to buy in the 50 biggest metro areas in the U.S.

[lprice]

And they still think landlords were evil and taking advantage of all the renters. Turns out they aren't. What a bunch of idiot those rent control losers are. Now just wait for that to get overturned once the apartments start falling apart because there is no budget for repairs. Here we comes slumville not far down the road.

[johnyang]

Buying a house is a scam. Renting is such a good deal unless you can buy a house for $200k or less.