You’re right that it’s all relative, but that’s not necessarily true. Where I live buying is much cheaper than renting and even if my home is worth 25% less th

You’re right that it’s all relative, but that’s not necessarily true. Where I live buying is much cheaper than renting and even if my home is worth 25% less than I paid for it by the time it’s paid off I can come out ahead because I still have an asset worth let’s say $100k and I’ve spent less money than I would renting. That’s without factoring in the other reasons people buy homes.