Why is it better to rent a house than buy? If in Bay Area , California?

Answer 1

One, the prices are insane.
Two, your house payments will be higher than rent.
Three, you have to spend more on your own repairs
Four, property taxes
Five, homeowners insurance

Much cheaper to rent than own right now. Save your money until the market evens out and see where you are.

Answer 2

i would say buy after a year, if you rent you have nothing but a place for the next month, if you buy you have the place as an investment and can sell it when you are looking for a new place to live

Answer 3

Because there is a bubble and if you buy now you will be upside down next month.
http://www.breakingbubble.com/index.htm