Really comes down to lifestyle - I love having a home. Want to run 220v for a basement milling machine? Easy. Want to knock out a wall to put in a big spa tub? Done. Want to put a spray booth in the garage to paint wooden kayaks? No problem. Much of what I want to do in my spare time wouldn't be feasible in an apartment. Then again, I don't mind doing some minor home repairs so my costs are minimal. You can always get a home warranty plan if repairs bother you that much.