> With the numbers given, over 20 years the renters will have saved $480k compared to the buyers. Your math is wrong. After 20 years the renters will have more

> With the numbers given, over 20 years the renters will have saved $480k compared to the buyers. Your math is wrong. After 20 years the renters will have more like $1.5M, inflation adjusted, depending on how you model it. Basically, financial outcomes will roughly track the value the house, the only difference is in how the assets are invested. The idea that renters are "losing" anything is fundamentally misunderstanding finance. This is not a surprising outcome since financial markets are relatively efficient.