[noahtallen]

I don’t think people are obsessed with ownership for the sake of ownership. There are a large number of benefits to owning which the individual might find valuable enough to pay for:

- more space

- individual outdoor space

- control over your own area. Can paint or remodel however you like.

- Dealing with terrible neighbors isn’t nearly as bad.

- location might be quieter and more desirable

If we compare renting a house to buying a house, the cost just doesn’t make sense for rent. It’s much higher than renting an apartment in cities

[tibiahurried]

> more space

That's hardly the case. Buy a big place, usually costs more than renting one. Or at least that's my experience. If I had to buy the place I rent it will cost me easily $3M to 4M. My rent will only pay for a 2b/1ba. I am talking about major city. Perhaps is different in suburbs, don't know.

>Dealing with terrible neighbors isn’t nearly as bad.

It is way easier to just rent a different place than having to sell your house because of that noise neighbor that likes to throw party every week end.

[t-writescode]

Also, stable monthly costs.

I rent, but am looking to buy. Rent is about 2200 / mo for me; and buying would be 2700/mo for me... but in 4 years, rent will probably be 2700/mo for me and then buying will begin to make me money.