The hilarious thing about home ownership in the US is that even when you own your home, there are 3 senior sweeps: 1) maintenance 2) tax and 3) insurance All 3 will fight you (and each other) to maximize the steal ahead of your equity. Mother of all ponzis “American nightmare”

You forgot HOA fees. If you pay only $250/month, that's $3,000/year, $90,000 over 30 years ... and we all know $250 is on the low end.