I hate this argument. I pay $450 a month right now for rent. If I had a house right now, it would be $700+ a month for my mortgage, including a $400 or so a month tax, that I will never get back.
And… people say you have something to show for, or you can make money from the house, but it’s all funny money. If I buy a house for 80k, sell it for 100k 10 year later… all of the other houses have gone up 20k in those 10 years as well!
The only reason to own is so that you can customize the house to exactly how you want, and you can write off more taxes. That is it