Dont call someone idiot. People have individual mind to think and anlyze. You can better invest the money in Mutual Funds to get better returns. Even, maintaining a house is also costly, you need to pay taxes also repairing costs which you dont have in rented house. If you buy a house and stay like a beggar for 20 yrs, after 20 yrs, you will feel that you have wasted your youth and life. Enjoy your life, spend some more money in lifestyle, invest some amount in good investment options, also invest some money in some business to get a regular income when your productivity goes down. Also put some money in insurance or pension funds. Anyway, when you die, you will not going to take your home with you to heaven. Live your life when you can live.
