UT I know the piece is about electronics, but it applies equally to property in my opinion. I've owned three homes and rented many more in my time, and I'm really not sure it's as simple as 'pay money to someone else and end up with nothing'. High property valuations mean many first (and quite a few second) home buyers are being forced to take out 30 year interest-only mortgages and still paying markely more in repayments than they had been paying in rent, often for vastly inferior properties. Yes they'll benefit eventually from capital gain, but they'll also pay almost three times the value of the property if they stay there for the full term. They've also often had to commit their entire savings for the deposit. Given that, many renters would suggest that they are making an informed choice to continue to rent.
