The best thing about owning is that I choose where to live and I live next door to other owners. In rented accommodation, where next door is also rented, you never know who your next neighbours might be.
if you put the savings into an ISA or other savings account you could almost be just as well off after 25 years.
This surely is the flaw in the argument - I know a lot of people who rent - NONE of them save any money. Or if they do it's for holidays etc. They will end up forever renting, with no savings, whereas a mortgage WILL be paid for.
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