Would you say that a person who prefers to rent rather than own/buy a house isn't financially stable?

Someone told me that I wasn't financially stable because I opt to rent instead of purchase a home. What does that have to do with being financially stable?

This page is a permanent link to the reply below and its nested replies. See all post replies »

iamnikki · 31-35, F

no I wouldn't. You could have more money saved and more income than the person that is owning/buying a home.

I think some people choose to buy a home only because society says they should. Otherwise, they'd probably still be renting.

TheArbitrator · 36-40, M

@iamnikki Right, I am earning interest on money I could use as a down-payment on a home. Instead of paying interest on a mortgage.