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If I used Martine Gales researched numbers for 3.41% for fixed cost increases/rent increase and 5.36% increase for realestate, and a 20% down payment, we get this: At 20% down, they are about even. Most people in california dont do this though. They put 0 zero down using interest only...

Ok, I reviewed my spreadsheet. Several issues came up 1) I actually did assume a 1% property tax rate (californias) But how I calculated it is wrong. You cannot lower the homes appreciation price every year by including the 1% rate. Doesnt make sense, and besides, unless you get your...

Ive been watching this thread and joined ET just to comment on it. The answer is complex, and you really have to crunch the numbers in your area to answer this. In expensive areas, I can prove renting is better than buying quite easily. However, this is only true if you have the discipline to...