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Cheaper to rent than buy in major U.S. cities

With mortgages on the rise, it has become cheaper to rent a home than to own one in 45 of the 50 largest cities in America. Danielle Hale, chief economist for Realtor.com, joins "CBS News Mornings" to explain the phenomenon and how it's affecting the housing market.
Jan 30, 2023 (03:27)
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