In some ways it is less risky, as you describe. In others, owning is more risky. If you take a variable interest rate mortgage, as many people do, there is a r

In some ways it is less risky, as you describe. In others, owning is more risky. If you take a variable interest rate mortgage, as many people do, there is a risk of increased interest payments. If you buy to live, and something changes in your life that requires you to move, you may be forced to sell in unfavorable market conditions. This is another risk of ownership. The situation is quite involved.