The article might be based on the US market, but actually it has some fallacies, as seen in European cities: - house prices go really up in in-demand cities (L

The article might be based on the US market, but actually it has some fallacies, as seen in European cities: - house prices go really up in in-demand cities (Lisbon, Berlin, Milan among others) - rents do go up as well, you don't have fixed rent for 30 years, but, instead, you get an increase of 1.5-3% every year (so is seen in Berlin), sometimes you get contracts where rent is adjusted based on inflation as well - you can still buy an house, use and enjoy it and decide to sell it when you want to move somewhere else. You don't loose all the money (if you are lucky, you might earn actually ). With rent, all the money paid is lost forever.