[daepp]

Never buy a house for tax reasons. And don't buy one for an investment. The reason to buy a house is because you wish to own a house, you wish to pay it off someday and live payment free, and you want to be able to do with it as you please. There is also (albeit not for everyone) and sense of satisfaction to be had in home ownership that you can't get from renting. That is certainly the case for me.