It really doesn't matter. The cost of $100k in repairs over 30 years is under $300/month and that's enough to rebuild an decent house or condo in most of the c

It really doesn't matter. The cost of $100k in repairs over 30 years is under $300/month and that's enough to rebuild an decent house or condo in most of the country. Demand has driven up the cost of housing much more than $300/month, whether you're renting an apartment or buying a house. For most renters that's close to what their landlords profit on top of an over-leveraged mortgage or what they can save by buying if there was any affordable real estate.