Someone once told us that the break-even point for buying vs renting was 4 or 5 months, renting during the "high" season. That being said, we liked it here so much we sold our house up north so we wouldn't have 2 houses to maintain. Depending on where you are, selling a large home and either buying smaller or renting up north and buying here would make sense. Our kids moved to other places so we had no reason to stay in that northern location, so our decision was easier. Good luck!
|