How many years should you plan on living in an area to make buying a house instead of renting “worth it”?
Basically what the question says. Wife and I are moving soon but only plan on living in that area for 3-4 years before moving to somewhere with better job opportunities/somewhere we would want to start a family. We feel that 3-4 years isn’t a long enough time to be somewhere and buy a house. Are we wrong thinking this way?
Edit: thanks to everyone who took the time to respond, y’all all have given us many things to consider as we attempt to make this decision and have been a great help. Also, anyone who is in a similar situation, spend some time reading through the comments, I think it will help you a lot too!