But debt buys you a house when you're done repaying it. If you are renting and you loose your income, the exact same thing happens to you, you can't pay and yo

But debt buys you a house when you're done repaying it. If you are renting and you loose your income, the exact same thing happens to you, you can't pay and you might end up without a roof above your head. I would rather be in debt and have a small chance of owning a house, than pay rent for 30 years knowing I will absolutely never own that house.