For more information here are the sources used:
http://www.realtor.org/sites/default/files/reports/2011/social-benefits-of-stable-housing-2011-03.pdf
http://www.forbes.com/sites/trulia/2014/03/05/buying-a-home-is-now-38-cheaper-than-renting/#769b57183258
http://www.census.gov/programs-surveys/ahs/data/2013/ahs-2013-summary-tables/national-summary-report-and-tables---ahs-2013.html