These always fail to take into account enormous legal and tax advantages of purchasing a home. First time home buyer tax credits, IRA tax credit, mortgage inter

These always fail to take into account enormous legal and tax advantages of purchasing a home. First time home buyer tax credits, IRA tax credit, mortgage interest tax credit, capital gain tax exclusion rollover, one time capital gain exclusion, and on and on. It is almost always better to a buy somewhere you can afford to given your salary and savings. If you want to pay for a certain lifestyle at the exclusion of owning a home that's just fine but don't pretend it's a better deal. If you are looking for a good up and coming place I think it is all but guaranteed at this point that homes in and near cameron county texas will 10X if not 100X within a couple of years due to spacex.