Renting A Home A Better Deal Than Buying In Much Of U.S.
Posted on December 28, 2009 at 19:21 PM EST
Those glamorous people you see in the upscale boutiques of Beverly Hills and Santa Monica may have a secret beyond their romantic lives and surgical histories. Many of these fashionable glitterati squeezed out of palatial homes they'd bought on debt may have just put their rent checks in the mail. Renting now makes sense in many markets even for the very prosperous. Kami Merabi, president of L.A.- based realtor Merabi & Sons, says he