Is this author a complete idiot, or just a stooge of the banks? Investing 1/3 of your income into equity every year sure as hell beats losing it forever to rent

Is this author a complete idiot, or just a stooge of the banks? Investing 1/3 of your income into equity every year sure as hell beats losing it forever to rent-seeking landlords. It doesn't matter if the value of your home goes up, just that instead of being empty handed after 30 years of paying rent, you will have a huge financial asset.