Well, taxes are one thing, the other is maintenance and sometime, along the years, there's always some surprise coming up. When renting, this is never an issue if not for the inconvenience of having some disruption to the usual routine.

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Demystification: The Monthly Cost of Buying vs. Renting a House in America

I think there are a lot of benefits to home ownership, if you plan to stay put for 10+ years - But one thing that most people don't consider, when buying a house, is the property taxes. That is an additional cost, you will pay _every month forever_ and it will continue to go up, in dollars, forever. 

