> 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.
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.