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The context of my reply was putting life dreams on hold, which for many people means children and family. While renting might have strict financial advantages (although not in any of the popular metros in the last 20 years), having peace of mind of not having to move and your kids being in the same school is worth quite a bit.

And the federal US government does quite a bit of wealth transfer to homeowners, which comes from non homeowners obviously, so renting being better than buying is only true for certain circumstances.



It all comes down to what you value—there are millions of families renting in US cities, who obviously did not feel they needed to put their dreams on hold.

Although property values have gone up quite a bit in desirable neighborhoods, it's not at all uniform. Condos in particular have had a bad ~5 years, even in good neighborhoods in big cities.




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