The problems with owning are: 1) You have to buy for resale, not to fit your budget best. People tend to want to max out their mortgages these days. And if you

The problems with owning are: 1) You have to buy for resale, not to fit your budget best. People tend to want to max out their mortgages these days. And if you are trying to sell into a downturn, it can be a problem. 2) Fees at time of sale. 6% twice ( once at purchase, once at sale ) eats 12% for the life of the mortgage.