[2cnd chance]

Originally Posted by MisterCamaro69

If you buy a house now, let's say it costs you $800. mo.

If you rent an apt. let's assume it costs the same. (normally the same priced apt. will be much smaller but this is a simple example)

Fast forward 20 years... Your house pmt... $800
Your rent, same apt... $1600 (maybe more maybe less)

Equity in home after 20 years on a 30 year note... $30,000 conservative guess
Equity in apt. after 20 years... 0

Many advantages to owning. Few advantages to renting.

YES YES YES!
I'm a R/E agent and even though the market is now down that will change.
More than an investment, a home is a Hedge against inflation!(as the above poster mentioned).
Don't buy a condo/townhouse, reason $ per square foot is crazy then add the H/O fees (crazier), plus as you get older you'll want more privacy (or pick up the guitar like me).