I don't think you are looking at it properly at all. Buying is ALWAYS going to be better than renting. Why rent somewhere for $1,000 a month say as opposed to putting $1,000 into your own place?
I moved to Canada 2 years ago and bought a house, some people said I was an idiot and should have rented since I wasn't sure I'd be here more than 3-5 years. Last week my neighbour just sold her house for 30% more than I paid for mine. I'm easily up 20% in just under 2 years, probably more as my house is much better than hers.
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