The discussion is fine for those who have the resources and can buy and those who have resources but do not want to buy because they are still early in their careers and are not sure where their careers will take.
An important consideration is that many people who are looking for accomodation to meet their family needs - marriage of their son but do not have the resources - what should be the solution. Is renting an apartment a good option. What is the calcualted outgo between the two options - renting or making a massive capital investment including borrowing from banks, etc. Please discuss this option too.