Is Home Buying Cheaper than Renting?

Portland has been named as one of the tightest rental markets in the country oregonlive.com

In 98 of the top 100 housing markets, buying a home is more affordable than renting, according to the online real estate company Trulia. Only Honolulu and San Francisco buck the trend.

There are several reasons: Home prices are falling. Mortgage interest rates are at historically low levels. And rents are on the rise.