<prompt> Human: Hi all,Great sub, I have been reading a lot and is really helping in my transition to America.I am moving to the US with my family and we are really struggling with the age old rent v buy dilemma. I was really hoping for some of the great analysis this sub is known for.I will just lay it all out here:- 2 adults, 2 elementary school aged kids.- Stable employment- Combined family income in the approximate 270k range- Rentals in the area we are looking are 3000-4000 per month- Comparable houses sell for 550k to 600k- If we decide to buy, we can do anything from put down 20 up to around 300k- No other substantial costs out of the norm, we will have to pay all normal insurances etc. We will probably spend around 20k on a car.- We have no debtIts impossible to say for sure how long we will be in the U.S., minimum of 2 years, could easily be 5The area we will be living is considered very stable due to excellent schooling, housing seems to maintain its value.As we will be new to the country we will have no credit history etc, we can show a history of being property owners in other countries etc as well as stable high-income employment.I am clueless about the costs involved in buying in the U.S., I assume a lawyer for documentation and a builder to inspect for faults. Rough guess a few thousand in costs?We struggle with paying 4k a month for rent when it looks like it would cost 50 to 75 of that amount to buy.Any input much appreciated!  <response>: You say youre here at least two years, but maybe over five years?Thats generally on the short side to consider buying a house - you may end up losing money through the buyingselling process. 