Chicago Made the List

10 cities where buying beats renting

Affordable homes are the upside of the continuing crisis in the housing market. Here are places where it could make more sense to buy.
By U.S. News & World Report

9 of 12

Chicago

• Projected home price growth over the next five years: 30.3%
• Foreclosure rate: 0.19%
• Projected job growth: 2.3%
• Unemployment rate: 9.2%

Chicago sits in the middle ground between renting and buying, and experts say that in these kinds of markets, the determining factor is more likely to be personal finances than home prices.

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