Perhaps renting in an extremely desirable area is actually superior to owning?

Especially if you do the math, it is pretty ridiculous. Renting is waaaaay cheaper than buying a house, and having a mortgage payment.

Not only that, but all these hidden catches like property tax, which could cost a lot to; like $1800 a month, home insurance which is another two or $300, so even if you bought the house in 100% cash, you’re still paying a residual at least $2000 a month. Just throw in another thousand dollars and already rent somewhere super good, and *NOT* be tied down to a stupid property for the next 30 years your life!