<prompt> Human: Is it worth buying a house instead of renting? Rent would be 1000 for a 1BR apartment, so should I just buy a house and pay towards something I own rather than something else?In my mind, it makes economic sense to buy rather than rent. I have friends that could live in my house too, but it seems stupid not to put the money into something I could potentially get a ROI. The only major thing I would have is that I may not always live in this city Austin. Is this the correct way of thinking? Where are my logical flaws?Single 27mAnnual income: 55kInvestments: 6kLiquid: 4kDebt: Car - 18k Loan not in my nameStudent Loans: 5k  <response>: Have you done the Rent vs. Buy CostBenefit Calculator on the right sidebar? What does it tell you? 