Comment by akerro

And on the opposite, I never understood how people can not own a house and waste money on renting for decades. Where market for houses in western countries is very limited due to stupid regulations and every year a few millions of people move to that country causing renting prices to increase by XX% each year. It decreases my financial stability. Losing a job for less than a month is a financial disaster, I still to have to pay for car-fuel, insurance, life insurance, pay bills. On the other hand, having a house without mortgage, yes, keeps me in one place, but value of my house due to the same reasons is increasing for my benefit, not for my landlords benefits.