2. You run great risk in terms of the market: look at anyone who bought in Detroit, pretty much ever. Buying in West Coast housing markets may look hot right now, but the minute a big earthquake hits one, a lot of people may be financially wiped out. A serious recession could do the same. Miami? It may be literally underwater. https://www.newyorker.com/news/news-desk/miami-faces-an-unde...
3. The neighborhood may change for the worse.
4. Given birth rates, you should be worried about deflation, not inflation.
Housing raises your risk; it doesn't lower it.
1. Over time, renting and owning cost similar amounts: https://affordanything.com/is-renting-better-than-buying-sho....
2. You run great risk in terms of the market: look at anyone who bought in Detroit, pretty much ever. Buying in West Coast housing markets may look hot right now, but the minute a big earthquake hits one, a lot of people may be financially wiped out. A serious recession could do the same. Miami? It may be literally underwater. https://www.newyorker.com/news/news-desk/miami-faces-an-unde...
3. The neighborhood may change for the worse.
4. Given birth rates, you should be worried about deflation, not inflation.