This is a really poorly written and exaggerate article. I purchased a home in 2015, I had to pay $3000 to close with no further down payment. After three years I had to move for work. I'm now renting that house out, and earning $380 a month in profit. That house is mine. Our use that profit to pay extra on the principal and contribute to my 401(k). Someday, that house will be paid for, and it will be all mine. Then any profits will be completely mine, minus taxes and insurance of course. Renting puts you at the financial wims of someone else. How often do you see a rental company lowering your rent? By owning, you know that your monthly outlay is going to be very stable. That makes it a lot easier for financial planning, not just now, but for when we are older. Who wants to be 65 and still renting?