That's only true if you live in a place with an unsustainable market, i.e. permanently growing rents and house prices. There are places with stable house and rental prices, and in those - buying tends to be a worse choice financially.
And many would argue that places with skyrocketing property prices are going to run into significant issues in the future (if they aren't already at breaking point, hi bay area).
The comment I answered to was expressing a very narrow minded opinion on how everyone that buys an house instead of renting is doing the most stupid thing in the world.
I proved to everyone that is not true and that most likely he is not as smart as he reckons if this is what he believes.
And many would argue that places with skyrocketing property prices are going to run into significant issues in the future (if they aren't already at breaking point, hi bay area).