These are good points, Raza. Where you are in life, work, geographically, etc. needs to be factored in. I knew an older couple in the SF Bay Area who, after the 2008 recession, sold their home and began renting. Rents were much lower there then, but once the recovery happened, guess what? The owner of their rental began jacking up the rent, more than double what they paid at first. Now you can’t buy a single family home in that town for less than a million dollars. Even worse, they sold too soon. Had they waited, they would have had hundreds of thousands more in profit on selling their house. They sold and rented so they wouldn’t have to leave the town they loved. They had to leave anyway because they could no longer afford to rent there either. Always look at the big picture.