I got tired of renting, and I looked it up, I realized I'm paying the equivalent of a $300k property for a standard 30-year mortgage in rent. And a $300k house is much nicer than my apartment.
I saw a $50k condo down the road from me. It looks not quite as good as my current apartment. Getting a mortgage for something like that is much better than renting, right?
30 years from now, do you want to be able to sell the house and pocket 200K , or do you want your landlord to sell the house, kick you out, and pocket 200K?
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