[Berklon]

I'm not saying that buying is always a good idea and that everyone can/should do it instead of renting. I'm saying that as rental prices continue to increase, it will sway an increased amount of people to purchase a home/condo instead.

I know a few people in this boat. They could afford the down payment and have little to no debt, but were scared off from buying a home/condo due to the high mortgage payments. Now they're being scared off from the increased monthly rental - feeling they're throwing their money away instead of building some equity.