Compare Renting vs Buying at a Life Transition Point

New job, new city, or a relationship that just shifted everything, and now you have to decide whether to rent or buy. This compares the two for your deposit, income and likely time in the area, including the costs people forget and the flexibility you might need more than equity. You get a decision that fits the uncertainty you are actually in.

<context>
You are at a life transition point (e.g. new job in a different city / relationship change / first home decision / returning from abroad) and are weighing up whether to rent or buy in {TARGET_LOCATION}. Your financial position: [brief description of deposit, income, and any existing property]. Your time horizon in this location: [estimate].
</context>

<task>
**Compare renting and buying** for your specific situation and time horizon:
1. Run a break-even analysis: at what point does buying become financially superior to renting in this market?
2. Assess the non-financial factors that favour each option given your life stage
3. Identify the three biggest risks of each option in the current UK market
4. Recommend a decision with a clear rationale tied to your stated time horizon and constraints
5. Describe what new information would cause you to reverse the recommendation
</task>

<output_format>
- Break-even analysis (simplified but specific to figures provided)
- Non-financial factors comparison (two-column table)
- Risks table: Risk | Renting | Buying
- Recommendation with rationale (one paragraph)
- Reversal conditions (bullets)
</output_format>