[munificent]

> After that, I will retire and move to a cheaper area.

Some people don't treat their social network as fungible and want to grow old next to their friends and family.

[cheeze]

Sometimes buying makes sense as well. The NY Times has a good calculator for this. In my case, rent is so expensive in my city that buying and building equity was higher EV than keeping my cash in investments.

YMMV.

[tibiahurried]

>want to grow old next to their friends and family.

That's exactly what I am gonna do.