I don't get this take at all. Yes, I own my house, but it comes with a significant number of trade-offs: My employment is limited to what the immediate neighborhood can offer[0], I'm on the hook for major repairs[1], and moving is an expensive proposition. When I rent, the premium over what I'd pay for a mortgage is priced into that convenience.
[0] Things were better during the 100% remote environment of the pandemic, but many employers are now doing RTO
[1] In the recent past, I've had to replace my AC and my roof. The AC repair bill was equivalent to 6 months of mortgage payments and the roof was equivalent to a year's worth of mortgage payments.
[0] Things were better during the 100% remote environment of the pandemic, but many employers are now doing RTO [1] In the recent past, I've had to replace my AC and my roof. The AC repair bill was equivalent to 6 months of mortgage payments and the roof was equivalent to a year's worth of mortgage payments.