[jhulla]

Interesting.

One important benefit of buying: the $500K capital gains tax exemption for married couples on sales of their primary home after living for two+ years.

http://www.nolo.com/legal-encyclopedia/the-250000500000-home...

[ThrustVectoring]

Also the mortgage interest deduction. It essentially means that you pay interest on the mortgage with pre-tax dollars, not post-tax.

[gnopgnip]

Most people overestimate the value of this deduction. If you are married filing jointly you would get a $12600 without itemizing. So you are only saving any money if your mortgage interest and property taxes are more than $12600 a year, or if you have other deductions.