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It's actually not as easy to sell and rent as people think it is. Sure, there are lots of rentals on Craigslist, but the majority are 1-bedroom apartments or illegal basement suites. A reasonably-sized family dwelling is actually tough to come by for a price that is cheaper than owning. Anything that is desirable (well-maintained, good location, etc.) is snatched up quickly. Of course, the majority of people on RS are outliers and winners at life, so renting is easy and affordable. But for those that already have equity/down payments, the difference between renting and buying is not that great.
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