Cheaper to rent than buy? The debate continues

By David Potts
Updated August 3 2014 - 10:13am, first published July 23 2014 - 4:03am
Buy to let: The costs of owning a house are estimated to be higher than those of renting. Photo: Dean Osland
Buy to let: The costs of owning a house are estimated to be higher than those of renting. Photo: Dean Osland

The Reserve Bank has kindly offered some free advice on the benefits of renting, considering property prices are 19 per cent overvalued.