I for one feel the same as nin_sis. Renting is better than buyin right now. I currently rent in Penasquitos, $2000 for a 2400 sqft 4 bed house. I feel quite comfortable in it. Landscaping is included so I don’t have to do much. Garage door opener broke just last month. Cost me $0 to fix it(the one time you are glad you have a landlord).
Using a fairly sofisticated Excel spreadsheet to track my exact situations cost of buying vs. renting. I would like to buy but it doesn’t make sense for my situation yet. I would have to pretty much stop saving money in my retirement and savings accounts in order to meet the payment. Basically we would be on a razor edge budget.
As a rentor I am socking away $2000+ per month in savings and feel more financially secure. I can qualify for the $525k mortgage + $75k down( houses seem to be around $625k where I am at). But bottom line is the house will be the same, neighborhood will be the same. I see no benefit to buying yet. It adds up to more risk, less lifestyle, and no savings for me.