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Note that most countries do not provide tax breaks to homeowners, this is a uniquely US phenomenon. There are many cases where renting makes more sense, but th

Note that most countries do not provide tax breaks to homeowners, this is a uniquely US phenomenon. There are many cases where renting makes more sense, but the factors are multiple: taxes, interest rates, up front equity, property values, closing costs, rental market, etc.

dllthomas 13y ago
> Note that most countries do not provide tax breaks to homeowners, this is a uniquely US phenomenon. I was certainly aware it wasn't universal - I should probably have called that out more clearly. > There are many cases where renting makes more sense, but the factors are multiple: taxes, interest rates, up front equity, property values, closing costs, rental market, etc. Right, that's pretty much exactly my position.