Subject: Re: OT-top 1% Net Worth
“But normally renting IS a pretty practical and sensible thing. The only reason the consensus US opinion seems counter to that is because it's perhaps the most socialized/subsidized housing market in the world.”

Indeed. I rented until I was 45yo when got married late and all along the way the naysayers told me I was silly not to buy something and build equity. I just tried to live pretty modestly and squirrel away extra funds towards stock investing rather than owning a home. That route worked pretty well and helped me achieve independence earlier than otherwise. Different strokes for different folks.