On the fence of whether to rent or buy? This interactive map shows which Brooklyn and Manhattan neighborhoods are worth it.

In Manhattan’s East Village, buying an apartment beats renting within four years. In the Soho area just a few blocks away, it would take 31 years before owning makes more financial sense.

That analysis of the so-called tipping point—the amount of time it would take for the cost of renting to equal or exceed the cost of buying a comparable home—is based on Bloomberg’s new exclusive, interactive map of real estate prices by neighborhood in Manhattan and Brooklyn, using fourth-quarter data from StreetEasy. The map, to be updated every three months, offers a view of areas with the biggest listing discounts, the greatest number of sales and the largest price increases—or decreases—from a year earlier, among other data points. Read more..

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