在加州租房好还是买房好？租房30年$92万，买房变现$380万，关键差距在哪？

Core Insights - The debate over renting versus buying in California has evolved into a critical factor for long-term wealth accumulation, with homeownership providing a significant advantage [2] Cost Considerations - Despite the impressive long-term returns of real estate, buyers face a lengthy cost accumulation period. A simulation of a $900,000 home indicates that, when accounting for mortgage, taxes, insurance, and maintenance, renting (at $4,000 per month) is more cost-effective for nearly two decades. However, over a 30-year period, the total costs of buying will be slightly lower than continuous renting. Additionally, the tax-deductible benefits of mortgage interest and property taxes further mitigate the initial high costs of homeownership [3] Affordability Crisis - For many families in California, the "rent or buy" debate is moot due to a persistent and steep affordability crisis. High-paying jobs have driven up housing costs, making it difficult for the average wage earner to afford homeownership. This has resulted in many renters, often earning less than homeowners, facing extreme financial pressure, with housing costs exceeding 50% of their household income. This indicates that while homeownership is key to wealth accumulation, the high entry costs have barred many from accessing long-term wealth creation opportunities [4]