I'm now solidly in team 'buy' after spending a decade on team 'rent', but one has to recognize that there are certain markets in high priced cities where it mak

I'm now solidly in team 'buy' after spending a decade on team 'rent', but one has to recognize that there are certain markets in high priced cities where it makes a lot more sense to rent and invest in the stock market than it does to buy. Housing usually keeps up with inflation. We seem to have forgotten that in the last decade or so, but eventually gravity will pull the housing market back down to earth. It's not an investment, it's a place to live.