Don’t forget to factor in your mortgage interest and property tax deductions, which on those loans will be huge. However, even if the value of those deductions made your monthly outlay the same as renting, it is unlikely that the condo’s value is going to increase much, if at all. And it may very well decrease (I believe it probably will) as more of those towers get finished downtown and all the new units get dumped on the market. Add to this the fact that you could be earning interest on your down payment, and that as a renter, you’re much more flexible. If it were me, I’d rent…