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8 years ago I bought a house. My monthly rent was 1300 and mortgage/escrow/repair savings were instead 2000. Rent went up $100-$200 a year.

My son is looking for rentals in our same community and the equivalent rental to what I had is now around $3000.

Even ignoring appreciation, in the long term there was a cash flow savings.

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> My son is looking for rentals in our same community and the equivalent rental to what I had is now around $3000.

Good for you. Bad for your son or anyone living in your community.

Agree. I wonder though if the tone of your comment doesn't come across as casting blame on the person who got the mortgage years ago.

It's not intended to, although it is intended to be blunt.

> there was a cash flow savings

... in your case. There was a cash flow savings in your case.

I've moved several times and done the math each time. Sometime it's been more cost effective to own, sometimes to rent. There are a lot of factors that go into that calculation, and the math doesn't always fall on the side of buying. That's especially true if you don't expect to be in a house for decades.

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