As I house owner, I've been taking issue with the common thread on the internet that suggests that buying a house is a financial trap. It can be, of course, depending on where you live and your financial habits/situation.

I don't know where you live in the EU, but in the Netherlands, where I live, paying mortgage can be as affordable as renting. So, unless you're in the nomad lifestyle, you still gotta pay a fixed monthly housing cost, unless you live on the streets or with your parents. Both options sound terrible to me. So the stable income/expense cash-flow need to be there anyway.