> There is basically 0 risk involved in renting besides...
Renting reduces your control over the physical structure that you live in. You can't do significant maintenance and you can't upgrade it. This might mean you have to put up with a lousy fridge and oven, or it might mean that there's actually mold everywhere and your choice is to suck it up or move. That's great when the other available options to move into are either too expensive for you, have defects similar to your mold issue, or are too far away for you to keep your job. It also reduces the stability of your living situation, in places like America where a ten year lease is not standard. If you have children, this increases the risk that they will have to change schools during the year, and a forced school change is supposed to cost approximately six months of education.
Renting reduces your control over the physical structure that you live in. You can't do significant maintenance and you can't upgrade it. This might mean you have to put up with a lousy fridge and oven, or it might mean that there's actually mold everywhere and your choice is to suck it up or move. That's great when the other available options to move into are either too expensive for you, have defects similar to your mold issue, or are too far away for you to keep your job. It also reduces the stability of your living situation, in places like America where a ten year lease is not standard. If you have children, this increases the risk that they will have to change schools during the year, and a forced school change is supposed to cost approximately six months of education.