That's true, but future prices and rents are very difficult to know. If you buy, your costs, ex-property taxes are known for the rest of your life.
This means you can customize the house for your needs, make friends, have you kids make friends, join community organizations, etc, without having to worry that one day when you go to renew your lease, your landlord will have an unaffordable surprise for you, and you have to give up everything you've built up.
This means you can customize the house for your needs, make friends, have you kids make friends, join community organizations, etc, without having to worry that one day when you go to renew your lease, your landlord will have an unaffordable surprise for you, and you have to give up everything you've built up.