On Tuesday, 11 June 2013 at 20:51:58 UTC, Walter Bright wrote:
Owning a home has lots of nice advantages, but saving money isn't reliably one of them.
I agreed with you until last year, but the very low mortgage interest rates and fitting in principle prepayments into my budget tipped me toward the other side. (Then the landlord jacking up the rent and giving me a bad attitude on a short notice inspection pushed me into calling the bank immediately - this is the biggest of the other advantages IMO, not having to deal with a landlord anymore!)
But, like with a lot of things, there's no substitute for doing your own math before making a decision.
