Rule of thumb: If you are sure you are going to be living in the same place for more than 7-10 years, buy. Otherwise rent. Remember that, instead of buying, y

Rule of thumb: If you are sure you are going to be living in the same place for more than 7-10 years, buy. Otherwise rent. Remember that, instead of buying, you can rent and invest the difference. If you made a spreadsheet with all fees and costs, you'll come up with 7-10 years as the breakeven point.