I always try to explain to people who rent that is they who pay for the property taxes on their place .. but they refuse to believe it.”
Yes, many renters vote for things they think others will pay for. Lo and behold, the rents go up and incomes do not go up.
It’s not a matter of how much they pay - that is variable...
You have to acknowledge that home owners also have yearly maintenance costs in addition to taxes and all that adds up.
The bottom calculation is how much and does that break even or cost more? Too many here seem to think that it breaks in favor of home ownership without actually adding up the costs (and time to maintain). There are actual benefits but most are not financial unless you are living with the idea that housing prices will constantly go up...
I challenge that attitude. I am talking about reality, not what the home sellers say! Really, you can lose thousands of dollars even after many years!