Buying only works if you have enough assets & don't have to worry about appreciation. If you are concerned about costs @ retirement age--do not buy-Rent-its much easier to break a lease, than to sell a property under duress.
If you are young, rent also, this way you will not be tying up disposable income in a fixed assed which has really little growth potential & you can't benefit from the growth unless you sell it.
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