It’s a tie:

“I’ve always used a general rule of thumb that if the rental price is greater than 1% of the purchase price ($3,000 monthly rent for a $300,000 home as an example) then buying is a no-brainer. If the purchase price ratio is lower than 0.5% ($3,000 monthly rent for a $600,000 home) then renting is the clear answer…” – Author Crystal Stranger

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