I am at an age where I am considering buying versus renting. The dilemma is the fact that I only pay $375 a month in rent . I am single and really do not need the space. I am aware that there are higher fixed costs associated with a house over a residence in an apartment complex . And I hear all the time how much of a tax break it is, since you can deduct it off your taxes. The problem people don’t realized is that they are still paying so much in interest.
at what $ amount is it better to buy then to rent?