While it may seem like buying a house will be a great real-investment, nothing can be further from the truth.
When you rent a house, you only have to pay the Rental, and possibly an insurance cost and obviously utility bills.
However, if you buy a house, your single biggest monthly expense would be the Mortgage. You will also have to pay a property tax, huge repair and maintenance costs and insurance costs to cover the property.
Mortgage payments can take up to 20-30 years to pay off and if you combine the costs of tax, repairs and insurance, you really don't end up with a very expensive asset.
