Yes and they’re still much lower than buying an equivalent place. I’ve looked. Almost twice as much for a mortgage of a similar space for what I rent right now after putting 20% down. Only reason it makes sense to buy is if you really plan to keep the place for decades.
> Yes and they’re still much lower than buying an equivalent place.
Of course renting will be cheaper than buying an equivalent place. Most of the time in most places that's the case.
My point was this is true in the year of purchase and for a few years later. Over time (and you'll need to live somewhere your whole life) it will become cheaper. And then a lot cheaper. Rent will only ever go up.
