Exactly. It seems to me that the only people who really need to worry about the economics of renting vs buying are those for whom houses are very expensive; either because they live in an expensive area or because they have low incomes. If you can buy all the house you need for $150K and you're earning at least, say, $50K then by all means go ahead and buy a house for the lifestyle reasons. But if the house you need costs ten times your annual salary then you need to think a lot more carefully.