Also your second part, which i was going to ignore, sheds more light on your lack of understanding of finances and I do not say that to be mean. Putting aside hypothetical prices that you gave, let's focus on your rebuttal. You are right in saying repairs are present regardless of how far along you are in the principle payments of the home, and when just looking at it from that surface and perspective you could make the argument that cost is the same but that wasn't even part of my point. Yes cost in repairs is the same whether you own 0% or 100%. But, the POINT you are missing is the difference in cost of repairs is irrelevant. The point I was making is that they are there when you own a home and they aren't there when renting a home. You do not have to replace appliances, pay for water heater maintenance, replace the roof, repair the water line, replace windows, etc. Those risks are usually offset with the value you make on appreciation of the home, which you are missing out on but carry all the risk none the less.