I can say I'm very much on the other side now after owning (and unfortunately still owning) a townhome that I used to love living in but now can't seem to get rid of in Seattle while I rent across the country. I moved for work and really wish I had been renting since I do not want the hassle of being a landlord, but Seattle townhome sales have slowed to a crawl as the city never really recovered after covid.

If you get unlucky with no reason to still be in a particular city and that city starts a downward swing, there's no gaurantee it ever comes back and you're stuck taking care of something that you might never be able to sell for anything but a loss.

I will likely stay a renter and keep that flexibility in my new city for a long time after this experience.