Originally Posted by Konda

If she'd rent a place she would be putting for example $1000 a month in something she doesn't own. That's $12,000 a year. in 10 years that's $120,000 wasted in rent.

If she'd buy something for like $250,000 and lives there for 10 years it would never drop $120,000 in value + there is a quite a big chance prices will eventually go up again.

Even if the economy is bad, it's still always better to buy than to rent, especially if you plan to live in the same place 10 - 20 years.