It's all fine if you are young and want to have the flexibility of rent. But when you get older, you might want to have a place to stay where you know that you won't be kicked out because the owners decided to move in.
I guess that explains it pretty well, and I believe that 100% true. Other than that in rental property we can't do anything as we aren't the owners of the property and none of our children will inherit anything from that home which we haven't bought.
Rent can be good only when you don't own your house but if you have a house then it's 100x better to avoid renting. I used to live in a rent house and I can say that it's quite painful to live in someone else's house and pay rent to him on monthly basis.
Now, I'm in my own house, and the experience of living in my own house is way good than that of living in rented house. I'm emotionally and mentally more stable and happy in my own house now, but back then I wasn't happy at all.
Those who say investing in your own house isn't a good things are the ones who either already own a house or they fear from the high cost of buying an house, but they neglect the advantages of ones own house.