from a financial perspective, neither renting nor buying is inherently better than the other. in a particular locale, one or the other might be better based on

from a financial perspective, neither renting nor buying is inherently better than the other. in a particular locale, one or the other might be better based on the price-to-rent ratio. so the decision of whether to rent or buy similar properties in a particular locale comes down to the local market, how long you can commit to staying, and your tolerance for different risks (rent increase, home repairs, suddenly needing to sell early). you're not really deciding whether to rent or buy though, you're deciding whether to live in the city or move to the suburbs, which is ultimately a personal decision. for the financial aspect, these articles might be helpful: https://affordanything.com/is-renting-better-than-buying-should-i-rent-or-buy/ https://affordanything.com/is-renting-better-than-buying-sho... https://www.getrichslowly.org/rent-or-buy/ https://www.getrichslowly.org/rent-or-buy/