If one is single and enjoys a hedonistic lifestyle, then it is absolutely better to rent. If one does not really care about having a home and has no real interest in putting together a home they love, they should rent. If one wants to move around a lot, they should rent. If one lives pay-check to pay-check, one should rent. If has the money, and one wants to put together a comfortable home they love, such that they can spend the rest of their days in with their family, then they should buy. People that want to own homes, should buy homes, people that don't, should not.
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