Now I will admit Im probably not the smartest when it comes to money... but this makes absolutely no sense to me. Why in the world would you want to rent all your life and throw your money away. You have absolutely nothing to show for it. It's like a bottomless pit that keeps taking. At least after 25 years my home will be paid for and I will no longer have to pay for housing. At least when Im in my 60's I wont have to worry about paying rent. My place will be paid for.
What is not fantabulous about that?
That's great for you, but that doesn't make it the ideal solution for everyone, especially those of us who live in areas where cost of living is high.
The "renting is throwing your money away!" argument is just... well, silly, for a lot of people, and that pervasive "you must own a home to be a grown-up" attitude is a large part of why many of my friends and cohorts have found themselves stuck after buying homes they can't afford or don't want to live in, just so they could own something.