That article has lots of flaws: 1) It ignores the aspect of time. It is under the assumption you will only be buying for a single year. It doesn't take into

That article has lots of flaws: 1) It ignores the aspect of time. It is under the assumption you will only be buying for a single year. It doesn't take into account that you lock in your price (vs rents going up). You need to compare against the cost of rents 10+ years into the future vs the (current monthly mortgage + property taxes in the future). 2) It doesn't factor in the increase from equity from payments. 3) It doesn't factor in the leverage (20% down is 500% multiplier on any home price change). Comparing plain home appreciation to plain stock market is a strawman and disingenuous. I had family loan me the down payment so technically I put 0% down which makes my ROI infinity. 4) It doesn't factor in tax savings (mortgage interest is not included in the new $10K limit). 5) It doesn't factor in that principle payments increase over time, so you get more and more going towards equity in each payment. Compare that to rents going up over time. With leverage of a 20% down payment and tax savings you're actually looking at a 30% ROI for something that is a low-risk conservative "investment". That simply doesn't exist in the stock market.