[mothered]

But you would be paying a lot just in interest, especially now.

It depends where you're located.

In my locality, the Interest Is down to the bare minimum.

You need to take into account interest, property tax, Insurance and general maintenence.

When renting, you still need to pay contents Insurance. Property tax for a home owner Is a one-off payment. As for maintenance, It's not significant.

Not to mention the overall increase in spending you are going to do filling the house with furniture

Only done once, at the most twice.

My point Is, In 30 years time you'll own the home/apartment, as opposed to having nothing to your name at 60 years old and still paying rent.