Renting is really wasting money if you only rent then nothing is left on you at the end, in my country there are houses or company that has a rent to own program you will rent thier house for a couple of years and after that you will own that houses which is very good deal but expect that the price is more expensive than a normal house price, because that was also thier business they need to have a profit on it but it helps a lot specially to those who cant afford to build or buy in cash basis.
This depends on how much income you earn per month from work? What if someone whose income does not meet the standards in their country, what is your solution? Does this include wasting time in renting a place to live? It's not just your country that provides all this, every country everywhere certainly has this program for its people if the people can afford to pay it in installments. It is true that many people seem interested in the prospect of paying it in installments, but there are many pitfalls in paying dues every month. Have you ever calculated whether to buy or pay in installments beforehand? The trap is in floating flowers, many people don't know about this.