How can you forget important factors of the game. Buying a house also entails an appreciation over the years which almost nears your total calculated expenditure for buying a house. Moreover you get an additional benefiot of tax rebate.
2.Calculating the NPV with the asset created and the oppurtunity cost which in case of real estate is very high the rent option fails totally. 3. After repayment the you live there for free and without rent
