of course your mileage may vary. Renting is more expensive because it is offloading risk in other ways. I don't need to keep a repair fund for a new roof, or a

of course your mileage may vary. Renting is more expensive because it is offloading risk in other ways. I don't need to keep a repair fund for a new roof, or a new dishwasher, or a new furnace. Housing is exceptionally illiquid with a 6 percent+ haircut whenever one decides to sell. In california, specifically, a repeal of proposition 13 would destroy both the value of homes home and tax bills would skyrocket. Risk is priced in to both asset classes. Nothing is set in stone.