Pretty sure he still had emergencies. You're suggesting he just wouldn't need to pay for them if he was renting. I'd personally rather pay an extra 20-40 bucks

Pretty sure he still had emergencies. You're suggesting he just wouldn't need to pay for them if he was renting. I'd personally rather pay an extra 20-40 bucks a month for something like BGE Home appliances/HVAC warranty than an extra 30% a month in rent relative to the cost of the mortgage. Oh, and gain equity. And rent the same house to someone else in a few years, have them pay my mortgage, and make an extra 30% off the top from them. Renting isn't stupid. Buying isn't either, despite how popular that notion seems around here.