Billy Gasparino and Jenna Dillon-Gasparino were savvy enough to wait out the housing boom of a decade ago as renters. Not until 2010, well into the bust, did they buy a house in the Venice neighborhood of Los Angeles, less than a mile from the beach, for $810,000.
Image: Jenna Dillon-Gasparino, her son, William, and Rocky the dog in their house, which they are selling at a sharply higher price than they bought it for, just four years ago. Credit J. Emilio Flores for The New York Times
To read the original article: Rent or Buy? The Math Is Changing - NYTimes.com
