Molson Hart

1) saw a few posts on why home ownership < renting today. I get the flexibility and not having maintenance benefits. However none of the articles talked about rent to mtg spreads (thx cheap debt). For example, the 2 bedroom apartments in the same master planned dev as me rent for

2) the same as my mtg payment (yes I put in equity and have tax burden) but i also have some mild tax benefits of ownership. Renting > buying is taking a serious bet on no inflation and if you’re in a high demand market, your ability to continue to grow your income faster than

3) rents. Most major markets are under supplied from a housing standpoint with rapidly growing construction pricing. That means rents rising in conjunction. None of these articles talked about locking in a fixed payment (while income theoretically grows) to where time arbitrage

Blue is rent, red and orange are monthly mortgage payments with 20% and 10% down. They are not rent-burdened (market median income $100k+), but either for convenience or lack of down payment are choosing to rent.

Even if it is cheaper to buy than rent, if you don't plan on staying in that place for a long time, the fixed costs of buying make renting more attractive.

True, but paying a premium for the convenience of flexibility is a very recent phenomenon. That dynamic is, I think, still evolving. It’s only been a few decades now where you could rent by choice in a high quality safe building without social stigma of not owning.