Right, the author neglects to mention that most people would be willing to spend a lot more of their income on a mortgage payment then they would on apartment r

Right, the author neglects to mention that most people would be willing to spend a lot more of their income on a mortgage payment then they would on apartment rent. Where mortgage counts partially toward savings rent is just flushing money down the craper 100%. If you spent the same amount on rent as you did on a house payment you could probably get a pretty nice place.