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Buy or rent: EconoMeter panel advises

Roger Showley, SAN DIEGO UNION-TRIBUNE

Monday, October 12, 2015

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Kelly Cunningham, National University System
NO: Home buyers have an even larger challenge to overcome the high price of housing. The largest obstacles for renters are accumulating enough money to make the down payment to purchase a home and qualifying for a mortgage by staying or getting out of debt and maintaining a good credit rating. San Diego has one of the nation’s highest ratios of home price to area wages. First-time buyers are especially hard pressed to make that leap.wages. First-time buyers are especially hard pressed to make that leap.