There are some additional considerations: - In California Prop 13 limits your taxes to a value much below inflation if you stay in a house for the 30 years -

There are some additional considerations: - In California Prop 13 limits your taxes to a value much below inflation if you stay in a house for the 30 years - In California rent prices rise rapidly. A mortgage payment stays fixed; up until a year or two ago the rate was significantly below inflation.