Originally Posted by crewdawg

Since you brought up military, I went and looked in the neighborhoods that I've seen some of my AF buddies have lived in while based at Nellis. I found a nice 3bd/3ba house renting for $2300/month. A comparable house just down the street recently sold for $430k. A mortgage on that is about $2700/month (guessing low on re tax/insurance). With current interest rates, in a 3-year assignment, they'll have spent $210k, just in interest. That's a lot of appreciation to overcome and this doesn't factor in RE taxes, insurance, mx, closing costs on both ends, realtors, etc...