Reply To: Home: Own or Rent?

It’s a former professor whose class I no longer attend.

This is my point. Although intuitively most people probably assume owning is almost always the best scenerio, it may well be for most people renting is the better option.

Like mentioned, if you rent you earn interest for many years on what otherwise would have been your down payment on a home purchase, which is a considerable factor in the calculation. Then there is the recurring costs of homeownership like taxes, maintenance, etc. that you avoid by renting.