If I still live in my house 30 years from now, my house payment will STILL be just the same as it is, now. Meanwhile, all the "renting is better" people will be paying $1500 a month for a 1 bedroom apartment. 31 years from now, they'll be paying $1500 a month and I'll have a clear deed. Assuming ridiculous government spending continues, I MIGHT be paying at most $1000 a month in property taxes and condo fees. That said, I could still decide to move, sell the place, and get some return on investment. Not the best, but it's steady. I know what my house payment will be in 5, 10, or 25 years. If I want to pay it off early, it's easy to figure out how. Renting, not so much. Of course, 30 years from now, Dublin could be like the area around Westland mall is, now.