> Think of it this way - if renting was more expensive than the total cost of ownership, then an investor would borrow the capital needed for buying, and then r

> Think of it this way - if renting was more expensive than the total cost of ownership, then an investor would borrow the capital needed for buying, and then rent it out and arbitrage the difference risk free. It is this mechanism that keeps the rent and the price of ownership at approx. equal. Which is not that far from the truth. At least on the UK, rent is an extortionary and ever-increasing tax on people who don’t have 150K to pay a deposit.