Both buying and renting in California can be expensive, depending on the area you're looking to live in.  My husband and I were paying $900 a month in 2001 for a two bedroom, two bath apartment (900 sq ft) in Anaheim, CA.\n\nWhen we purchased our home in 2002, we were paying $1700 a month in mortgage payments for a 3 bedroom 2 1/2 bath home that is 1700 sq ft.  \n\nOur mortgage payment has since dropped, since we refinanced and got a lower interest rate.  I'm certain the rent price would've only increased year after year, as it had been.\n\nIf you can afford to purchase a house in California, I would consider doing so.  The investment is well worth it.
should I buy or rent in California?