It’s not that simple. It is mortgage+insurance+maintenance
Rent is just rent.
You MAY be able to resell the house if the location is somewhere people want to live in several decades. All it takes is a major economic source to dry up. A military base closing, a factory shutting down, etc can wreck your property value.
Disingenuous…wow. Sometimes people just disagree and for good reason.
Buying a house is not a guaranteed way to build wealth. Ask those thought bought around 2008 and lost their shirts.
It doesn’t ALWAYS make sense to buy or rent. The honest answer is it depends. A location might be great…NOW. Case in point, Detroit. Lot’s of factories closed down. Or military towns during the many base closures in the 90s.
People buying houses to rent can and do lose money on it.
neanderthal