I see the discussion being particularly relevant as buying decisions become more difficult in the U.S. However, most of the material I read when discussing the matter falls in favor of owning a home for the “pride of home ownership” and that renting is like throwing money down the drain. I thought it was nice to see an argument in favor of renting over buying:
Renting Makes More Financial Sense Than Homeownership
I will admit that the article may be reinforcing the confirmation bias I have favoring renting over buying. Additionally, I am a ways away from being able to purchase a home at the moment. Nonetheless, the points made a lot of sense to me, especially since I don’t want to be tied to a location for a long time in order to recoup my investment. Check the math yourself: