Renting is short-term cheaper than owning, though (depending on local markets). I've rented a bunch of properties way out of my mortgage price range. And I thi

Renting is short-term cheaper than owning, though (depending on local markets). I've rented a bunch of properties way out of my mortgage price range. And I think gp's point was that if housing prices rise (so that they're a good investment) then they become unaffordable (as we're seeing). One or the other, not both.