I'd argue this is pure cultural bias. It's been beaten into our heads the home ownership is part of the American Dream. Owning a home felt to me like a massive burden. The house owned me more than I owned it.
With who I am, from my culture and upbringing, it was near impossible to be happy without a home. I tried for 15 years without success. I grew up reading Walden and love building and improving things. I was never going to be happy in a rental without substantially changing my personality, and couldn't do so when I tried
Some people are handy and enjoy taking care of their home.
Some people don't like hearing their neighbors footsteps above them all the time.
Some people play Drums and don't want to pay/share a small 10x10 room to practice in.