Although it is usually true that renting is cheaper in some cases than buying the same home, there's a catch.

It's all fine if you are young and want to have the flexibility of rent. But when you get older, you might want to have a place to stay where you know that you won't be kicked out because the owners decided to move in.

Most mortgages these days are for 30 years, so you have to be relatively young to get it in the first place.

If you are in your 40s, 50s, then the chances of even getting a mortgage might start to decline, as you would have to be paying for the mortgage after your retirement age.

I'm not sure what will happen, but clearly things are changing, and home ownership age is increasing.

But at the end of the day, if you are paying for your mortgage for your entire life, then it's almost the same as renting in the end.

If you are already old or someone whose really that in 40's on which 30 year plans or mortgage isnt something that would really be approved by banks or any financing or developer in regarding into your unit.
Of course they would really be trying out to secure that they will not be able to get some loses because approving someone whose really that old which most likely they will really be failing out on finishing the contract.
As we do all know that banks wont really be that stupid enough for them to make out that kind of approval. In speaking about investment with Bitcoin or buying up your own house then it will really be just that depending on you on which whether you would really be focusing on buying up Bitcoin instead on saving up for your dream house or you would really be that saving up for  you to buy Bitcoin on which it would really be entirely depends into your preference and plans or liking.

I do really always love the idea on having that renting even if we do say that Bitcoin doesnt exist. Why? There would really be factors on which you would really be needing up to consider
whether you should be taking up the rental path or would be making your own house. If it turns out that it would be practical to leave on an apartment just because your job is really near
or your kids school is nearby in comparing when living on a place which is too far off and having that huge expense to gas then its impossible that you cant really be able to make out such comparisons.

~snip~
What I meant was renting house when we don't have any responsibility so we can save more money, so later on when we have family we can buy the house in either full-cash, or in short-term installment, like less 10 years. In that case we don't need to pay 30 years of mortgages, but then again, I don't know if it's applicable in other countries but from where I can from it is still doable.

Fair enough, yes, that might be possible to do... or maybe not.

There's no way to know the price of the houses in the future, and most likely they will be much more expensive than what they are today.

~snip~
I think that the reasons that you've given here for owning a home is good enough to see it as a good investment, that is asset that you can hold and pass on to your other people. Taxes and mortgages on homes varies depending on the location and country but for most places mortgages are not meant to tear your pocket, even when you pay the tenament rates to the government the house still belongs to you. Remember that if you don't live in your own house you'll still need to pay rent which is not cheap compared to taxes and mortgages. Having a house as an asset doesn't stop the person from investing in Bitcoin, you can decide to use huge amount of money or the amount that you can afford to loose to DCA and hodl Bitcoin. Bitcoin is a volatile asset and that means that it has a season when you can sale and make profits but real estate always appreciates in value no matter the season.

It clearly depends for each person, but I think that owning your own home makes a huge difference when you are older.

Sure, while young you can do anything, rent, move around, couch surf, do whatever. But good luck after you are being kicked out of your rental at say, 70. That would suck.

Also, the amount of money you would be saving by not paying rent after you finish paying your mortgage is massive. Night and day.

If you don't owning a house, you will saving your money to buy that house. But if you already have it, you can buy another thing for the investment. It is not be a problem if you buy a house as your investment but you must think that a house needs maintain and the cost sometimes will be higher if no one live in that house. You need to think about the inflation that will need money to pay. Maybe you can think to have the other investment such as Bitcoin or gold so you can allocate your money in the right thing. If you buy a house because you want to rent that house, that can be your additional income because you can earn more from that house.