Most importantly, for a home, your costs are mostly fixed, assuming a fixed rate mortgage. Taxes can change, but you get a voice in that. A landlord can wake

Most importantly, for a home, your costs are mostly fixed, assuming a fixed rate mortgage. Taxes can change, but you get a voice in that. A landlord can wake up and raise rent arbitrarily in the vast majority of the US. It make take up to a year for that to take effect, but it still can. Owning shields you from that. Or from the landlord moving in upstairs neighbors who have a young kid.