The headline in The Australian Financial Review raised eyebrows: "It's cheaper to buy than rent," screamed Australia’s leading financial rag. Reporting on a study by Mortgage Choice, Debra Cleveland reported "it’s cheaper to buy a home than rent in almost every Australian capital city … despite fewer government incentives".
Get Fact: is it really ‘cheaper to buy than rent’?
It's cheaper to buy a house than rent one, according to a story in The Australian Financial Review. We apply the Crikey Get Fact test to that rather bold statement.