I am not disagreeing with you. I don’t know all the numbers for your case and I don’t want to compute everything for your specific scenario.

But I’m just saying that there is a general assumption in most discussions around buying versus renting that buying is always better. It’s not.

It’s the general argument « when you buy you don’t throw your money out the window ».

In reality you do throw money out the window when you buy, only differently, and I’m highlighting the numbers people usually do not take into account when they make their comparison.

Comparing mortgage payments and rents is usually not the good way to do that, because the costs when you buy are only partially monthly based.

One other number I didn’t mention above: real estate agency fees.