Create your own family's wealth first...
The rent vs own discussion has been around for a long time. Most people want or are homeowners but there are people who prefer not to have the responsibility of homeownership.
As a renter, you are funding the payments to the property owners mortgage and helping them with their retirement goals. My advice is that you first consider your own retirement goals. Above is a short video about the differences in being a renter vs a homeowner.
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