Yeah, I think for your case, if you’re planning to move in a year, it’s really not wise to buy anything. Honestly, as I posted on this or another thread, I don’t think a home purchase is high for people in your demographic. If anything, people may consider selling and downsizing to generate cash if they are planning for retirement and kids are out of the house, don’t need the prime school district, etc…
Only risk is that as you know, rent prices are out of your control so, really IMO, I just don’t like that lack of control and being forced to move. This is a bigger pain again if you have kids and without any kids, it’s really hard to imagine any need at times to even buy anything honestly.
It sounds like you have a well priced rental and like it, but it’s hard to tell how the next one will be. Again, the lack of control.
Best of luck and honestly, I am of the same mindset as you if i was in your situation since I know I wouldn’t buy in your case neither…unless like spdrun mentioned, you can get something really cheap/all cash, etc…
With retirement, you don’t even need the tax deduction anymore so that makes very little sense again for your situation/demographic.
