1 mo

Why is "buying" a house seen as success?

When people "buy" a house, usually what that actually means is that they've signed a 30-year mortgage and have to pay on the house for the next few decades. Why is that considered to be so much better than renting?

I've heard people talking down on those who rent a house or live in apartments instead of "owning a home", but to me they both seem like very similar situations. Except that "owning" leaves the person in mountains of debt.

Also, I don't get why it's even called "owning" when they're still paying on it.
Why is "buying" a house seen as success?
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