I completely agree with that idea. Especially when buying a first home, I often hear that rent is throwing money away. In reality, your rent is or should be low

I completely agree with that idea. Especially when buying a first home, I often hear that rent is throwing money away. In reality, your rent is or should be lower than equivalent home mortgage and as a renter you do not need to invest in long term maintenance of the property. Problem most people find is that they do not invest the difference and instead just live a slighty more expensive lifestyle. If they buy a house, they can no longer "cheat" themselves out of the savings and instead their home becomes a type of forced long term investment.