It's still not something that's a "sure thing" or you can do hastily. It also takes more of your time than renting, so if you're trying to optimize "free time" then it's likely a bad investment in that regard.
There's no simple answer one way or another, but if you're trying to justify your inability to buy as a "good decision" you'd still be wrong more often than right. An increased market of affordable housing to purchase is better on the whole for wealth equality than controlling rents.