This is Part 2 of Why Homeownership Is Not For Everyone

A lot of real estate advocates say the break-even point for buying instead of renting is around 2 to 5 years. In many major cities, though, that just doesn’t seem to hold up.

If you live in the US, you’ve probably heard your parents or older coworkers tell you to buy real estate as an investment. Their logic is simple: no matter who…