I put all my cash into stocks and (mostly) bonds when I was younger rather than buy a house, which is why I'm not broke right now despite being a lazy, uneducated fuck. People were still talking up the benefits of owning real estate at the time I socked away most of my money, but what they didn't mention is the opportunity cost involved and simple human nature. People usually can't resist sinking more money into their homes than they should simply because it's "theirs" and because they talk themselves into believing they're going to get remodel money back somehow. But if you're diligent about investing and saving the money you would have blown on maintenance, you can mitigate the cost of renting while avoiding being as tied down to one particular investment. Plus, you know, the US housing market crashed, so who's laughing now, fuckers?