someone cannot have community cohesion as a long term renter? Anecdata to illustrate the point. A friend of mine and his family rented their home for something

someone cannot have community cohesion as a long term renter? Anecdata to illustrate the point. A friend of mine and his family rented their home for something like 20 yrs. It often makes sense to have people not buy. The capitalization for a house can be long in the past, meaning that the cost vs rent is very favorable to the landlord. Similarly, the only reason to sell an asset is when you think you can make more money on the equity elsewhere. If its true that the landlord can take their equity elsewhere for a better return, maybe the renter (soon to be owner) should be investing elsewhere? Also, afaik young people are increasingly mobile, meaning they're going to be giving a large portion of their equity (either downpayment or profits) to real estate agents' commissions, banks closing costs, legal fees, etc etc. if housing is not affordable, its probably because of artificially (or temporarily) restricted supply.