I agree with your point but disagree with some facts if you will allow some extra, potentially helpful information: 1. You can get into a house with good credi

I agree with your point but disagree with some facts if you will allow some extra, potentially helpful information: 1. You can get into a house with good credit and 5% with private mortgage insurance. PMI goes away at 20%, fha you pay the mortgage insurance for the full term unless you put down +10% and wait 11 years. But you can always refi out of an fha loan, just compare your options because fha mortgage insurance is very expensive. 2. The break-even with financing costs usually means you’ll want to own for at least 7 years. If you know/heavily think you’ll be in a place for less than that and you don’t wanna rent it out then maybe don’t buy. 3. Sometimes prices go down tremendously. But you do lock in a payment, that you can make go down over time. Whereas rents tend to go up over time, or you incur expenses like moving or security deposit lockups etc. Personally I’ve found one of the greatest benefits is that I control the destiny of the property. Every place I rented, the owner did not invest in the property, fixes to problems were done at least immediate cost (long term costs be damned!), etc. Now I can maintain the stuff that can break down well, get ahead of problems, and save a lot of my own time and prevent discomfort. Which is hard to put a price tag on.