Well it does matter from a practical sense in that you'll need to write checks for $2500 a month (plus HOA). You may recoup $5000 or so in tax relief at the end

Well it does matter from a practical sense in that you'll need to write checks for $2500 a month (plus HOA). You may recoup $5000 or so in tax relief at the end of the year, but you still had to come up with that money in the first place (let alone save up $100,000 which is no mean feat, even if you're making a low six figure salary like a lot of professionals in their late 20s/early-mid 30s). I guess my bottom line with my original comment was, I can think of a lot better uses for the money, time, and effort it takes to buy a $500,000 condo, and to me the returns in my quality of life vastly outweigh any sort of long-term security you might feel from owning a home