It's cyclic. Where I live, when I was too young to buy, mortgage was cheaper. When I was old enough to buy, rent was cheaper and prices had already risen enor

It's cyclic. Where I live, when I was too young to buy, mortgage was cheaper. When I was old enough to buy, rent was cheaper and prices had already risen enormously, so I stuck with rent, and hoped prices would stabilise or fall. In retrospect this was a mistake, as prices continued to rise. Now mortgages are cheaper than rent again.