Renting vs Owning

[spider]

Mortgage interest & property taxes are deductible so if you itemize, you can assume after tax costs of those items are around 30% less (depending obv on your marginal rate, state tax rate, etc.).

But hey, I'm not trying to talk you into buying. Prices have come down a little bit, but are still high in general IMO. Renting is a better financial option for a lot of people nowadays.