Forbes Magazine has identified Denver as one of ten cities where home ownership makes more sense than renting, according to an article appearing in its February edition.The survey, which examined 42 metropolitan areas around the country, considered the cost to own versus the cost to rent, prospects for employment and Moody's projections for appreciation over the next five years.
In Denver, Forbes is bullish on home ownership because the median price for a home has fallen faster and further than median rent, and because the regional economy appears to be poised for a stronger and faster recovery than the rest of the nation.
Other metropolitan areas on the list included Minneapolis, Boston, Chicago and San Francisco.
