Surprisingly, I seem to be in the minority here: I consider the lack of freedom and NOT being rooted that comes with renting to be much more of a burden. To me a huge advantage of buying a house is that I know where I'll be living next year and 5 years from now. I don't have to worry about my scummy landlord raising rents by 30% every year "because they can". I don't want to burden my kid with having to find a new set of friends every year because we have to move to a different school district again. If I want to build a deck or knock down a wall or install surround sound in the living room, I can do so tomorrow without having to ask permission.