Dang! You need to move to Paulding County brother.My wife and I were discussing this just two days ago. Our home is 2100 sq ft and we bout two years ago to downsize for pending retirement. Presently our property taxes are $14,000 per year, homeowners &5,000 per year and insurance $3,000 per year. These figures do not include repairs, maintenance, lawn service.
We could rent an equivalent home for probably $25,000 per year and not have to worry about insurance, maintenance, etc. This why many choose to rent rather than buy and I did not factor a house payment as ours is paid for but a young person or couple would need the funds for downpayment plus ongoing house payment.