[Pastiche]

I'm a big advocate of renting over buying (to a point) and there's alot of really solid arguments out there on why you should rent instead of buy.

Here's a renting vs. buying calculator: http://www.nytimes.com/interactive/b...alculator.html

Here's another (better) one: http://michaelbluejay.com/house/rentvsbuy.html

The basic idea is that if you invest the cost savings of renting then you could come out well ahead.