1/I often hear people say this about renting vs buying,

"Fuck that, I'm not paying for someone else's mortgage"

On the flip side, you could also say,

"Fuck that, I'm not paying for bank profits, GOV taxes & burden of expense at potential cost of savings,

As rents...

2/ continue to fall, this chasm widens.

IF your objective is to build wealth & minimize risk, then these calculations need to be well laid/thought out,

Not all is as you've been told upon further exploring.

It's a balance sheet, net gains are all that matter in the end.

Lot's of juicy information in this thread, well done by this mortgage broker truly understanding the way you should approach such a large financial obligation-R/E.

Now think of how competitive renting can be & utilized to your advantage. https://twitter.com/roncaruthers/status/1216122915852148736?s=20