Renting might be stable but it's very dependant on whoever owns the house and what type of regulations and protections your government has in place. Owning a home (house/apartment/land/etc) gives you more rights over where you live and more stability in most countries.

I've seen rents go up with inflation where inflation grows at 25% yoy, and I've seen people kicked out of an apartment 3 months after moving in because the owner found a buyer with a good deal.

But I agree with you, single family housing is the goal for some cultures and generations, and it was carefully crafted by governmental policy, propaganda, marketing and third party interests. We are now seeing the consequences of such.

Yet, not all people have that goal, but a lot are content to just owning a place to live even with relatives, a community or others.

I feel it's hard to not wanting to own something if it grants more rights and protections against injustices. In the countries I've lived, having a property deed of any sorts with your name on it makes your life so much better and stress free.