Originally Posted by Boston Commuter
Your choice. Many of us on this forum have made other choices; for instance, I chose years ago to live in the city so I would not be car-dependent. But you are certainly free to buy and burn gasoline as long as you can afford it and it remains available.
There's a lot more to the equation than that. Do people that rent in the city have a savings fund that equals the price of the home those others have after it's paid off? What will the difference be between the two parties after the house is paid off, and only taxes and maintenance are the expenses, versus the ever continuing cost of rent?