The down payment and cost of transaction, including inspections, taxes, and real estate agent fees, loan origination fees, other fees, cost of moving etc. In an

The down payment and cost of transaction, including inspections, taxes, and real estate agent fees, loan origination fees, other fees, cost of moving etc. In an average housing market it can take 5 years for those to pay off when compared to paying rent (do your own calculations, mileage varies dramatically). Unless you have enough cash to pay for a house, you are either renting money or renting a place to live.