In Austin, Texas, it seems much cheaper to rent. There are houses for rent for 2000-3000/month that cost 600000. 

The interest at 6% on a 500,000 mortgage is 30,000/ year which is as much as the rent. the property tax is then another 6000-10000.

My strategy is: 
--Save 100,000 downpayment in Bitcoin in 2024
--by 2025 House prices will be correcting to mean
--2 Bitcoin stash may possibly pay for the house if I'm lucky.