Steve you really are an economic idiot aren't you. Your mortgage DOES NOT get bigger with time - yep you pay interest of which the bulk if not all is paid by the rent. And rent does increase with time maybe not after adjusted for inflation in real terms but it is paying down a debt in todays dollars in tomorrows dollars. Not a hard concept to understand and is an old fashion way of building wealth with time used by millions. We understand basic economic but it seems you don't.