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comment by ThurberMingus

By the numbers, my wife and I are far better off renting an apartment and saving the difference between a mortgage and rent, instead of competing with this market. Also, odds are we will move more than once inside DFW before picking a place to stay long enough to make buying a good idea.

kleinbl00  ·  171 days ago  ·  link  ·  
ThurberMingus  ·  171 days ago  ·  link  ·  

Yes I have played with that. Our situation isn't an apples to apples comparison: here, renting a house is more expensive than buying one, but renting is usually cheaper than buying for apartments/townhomes, especially the small ones.

And we don't need more than a 1 br place for now, and won't need bigger for a few years. So we are better off renting what we need now instead of buying what we will want later.