Buying a house in 2021 is very risky especially for people who see a house as an investment which it is. The market is ridiculously priced leaving home buyers with two options, either buy this overpriced home and have capital loses most likely when they sell and have a fixed 30 year mortgage or they can rent. When buying anything you are planning for the future. You have to have an understanding of the market being at its peak and eventually it will drop leaving home buyers with an over priced home and huge capital loses with nothing to show for the huge amount of money they spent. This is why planning for the future and for your own preservation of investments, money, and your home is crucial. Renting puts all the struggles of a waving market on the property owner and not you, the customer.