<prompt> Human: Hi, Im a big fan of this thread, and thank you for reading my post. I am going through a major life change and will need to move soon probably around the new year. Details:- 28 years old, will be single soon, no kids- Have a steady job. Been there right at 5 years and make about 65k per year before tax- Live in a city in the south where housing is in high demand and prices have majorly increased in the last 3 years. - When it comes time to look for a place, I will have about 20k for a down payment andor moving costs. Also have a solid savingsemergency fund, plus a bit investing. - Am looking to spend 1200 per month, which makes it hard to rent in my city and be close enough to work, without having a studio apartment. - Whether I rent or buy, I am willing to have a roommate or two, because Id rather have more space than studio. In this case, I think I could afford to do 1600 per month max, given Ill have months with no roommates, etc. - Have lightly read up on living in and renting out multi-family home, but sounds like a huge responsibility. Not sure if I should buy or rent. Im scared of buying, because I plan to move cities in about 2 years. I dont want to get stuck or lose major money if real estate bubble pops and I have to sell. On the flipside, I know renting has no return, but I wont be tied down. Any advice greatly appreciated!Edit: formattingEdit 2: thanks so much for all the replies! I feel much better about renting with all the advice lining up. I will look more into investing in the meantime.  <response>: I think you answered your question. You dont want to be tied down and youre moving in two years to a different city. Renting gives you freedom. Rent. 