That's nothing compared to the possible losses incurred if you have to sell your house quickly. As a renter, you simply receive insurance for your personal property while the landlord repairs whatever needs fixing, or cut the rent and fix it yourself. Less responsibility You don't have to worry about painting the walls, keeping up with the standards of city codes, or being disturbed at three in the morning to fix a broken water pipe. You don't have to worry about unexpected maintenance costs or property taxes going up. If you have any important doubts, then I would strongly recommend that you lean towards renting.
Houses are expensive.
Yes, they may appreciate. And yes, they provide significant tax advantages. But houses have an unfortunate tendency to leak, peel and blow their furnaces at inconvenient times. You can either rent or buy a home. The answer is yes.