In my area at least, buying makes a lot of sense. Prices are at an all-time low, but rent hasn't gone down at all. The same type of house renting for $900/month

In my area at least, buying makes a lot of sense. Prices are at an all-time low, but rent hasn't gone down at all. The same type of house renting for $900/month can be had with a mortgage of $350/month. As long as you are comfortable with renting the place out when you want to move, it's had to imagine why buying would be 'stupid' right now.