Right, but those aren’t the places we’re talking about that have huge swings due to the national boom/bust cycle... ie. cities and suburbs of those cities. Ba

Right, but those aren’t the places we’re talking about that have huge swings due to the national boom/bust cycle... ie. cities and suburbs of those cities. Basic rule of thumb - if you can rent a like property for less than you can purchase, you should rent, esp. when things are toward the top of the market. The irrational fear that one will be priced out of a market leads to bad decisions. The idea that renting is throwing money away/giving it to a landlord leads to bad decisions.