From what I have observed it seems that in less desirable areas renting could be more expensive than buying as everyone has _some_ money for rent (especially if

From what I have observed it seems that in less desirable areas renting could be more expensive than buying as everyone has _some_ money for rent (especially if there is some social security that helps) but no one wants to buy in a bad area. On the other hand there is an upper limit on rent as wages only go so high, and landlords often enjoy the high income and don't see a need to sell. People who have plenty of money and really want a nice place are willing to pay extra, so for high quality real estate buying can be more expensive than renting. Most importantly though there are ways to buy real estate cheap, and if you "buy retail" or believe the numbers you read in listings you may be the sucker in the biggest deal of your life. Chances are everyone you're dealing with in a real estate deal is super professional and extremely experienced. Price is "var", not "CONST".