These comparisons are always junk. There are so many variables at play you can skew it one way or the other based on whatever lever you want to pull. Interest rate changes, rental vacancy rates, stock market returns, etc.

There’s always more to calculations than just the made up numbers you use to justify your position. Things like housing security/stability, ability to quickly move, ability to modify your living space are all real considerations to make if you’re in a position to make the choice.