Dear all,

It's so kind of you all to share your knowledge.

My thoughts- I think rent paid is dead money, because whatever rent you pay you don't have any benefit in future, all the benefits such as Capital gain, Income Tax benefit, peace of mind & security goes to the owner not to the tennant. So highly recommend buying a home if you can afford to pay deposit & have stable job to pay mortgage.

Simple rule: Money makes money
 
Cheers!!