Full disclosure, I am a homeowner and while I agree with the overall message I can also, fully say, it depends. We bought our apartment in a building where 75%

Full disclosure, I am a homeowner and while I agree with the overall message I can also, fully say, it depends. We bought our apartment in a building where 75% of the residents are renters. We live in an Alpha- city [0] in a one of the few affordable buildings you can still purchase in. Everything else is luxury flats starting in the $500s with $1k+ building charges. For the last year renters have paid less than us after PITI + building charges. This changed in the summer and now the renters are paying more than we are in housing. The city we just moved from I would say is better to rent. Even our city I would say is better to rent. But renting does not prevent buying. While renting, put in the footwork and find something to buy. if you are buying to rent be able to purchase 4 or more units. I'm worried less about the missed investments than the rising cost of living in major cities. [0] https://en.wikipedia.org/wiki/Global_city https://en.wikipedia.org/wiki/Global_city