Subject: Re: OT-top 1% Net Worth
As others have pointed out, homeownership comes with it a lot of associated expenses (property taxes, upkeep & maintenance costs, insurance, on and on).

So does renting, it's just not individual things you directly pay (except maybe insurance if you have renter's insurance, which you probably should). The owner of the property has to pay all those, and the rent takes all those into account, so you're paying them whether you know it or not.

Brian