Rent Vs. Own

We’re Tackling the Question Every SoCal Resident is Asking, Buy or Rent?

In Southern California’s red hot housing market, figuring out whether to buy or rent is a decision many are trying to make. And with 35 of the nation’s top 50 metros in highest median rent coming from California*, it complicates things, as historically renting has been a good short-term choice in expensive real estate markets. So what to do when it’s almost as expensive to rent as is it to buy? With each option comes advantages and disadvantages, so let’s review a few and take a closer look at overall monthly payments at three Olson neighborhoods in El Monte, La Habra, and Azusa.