If I could own a condo and build equity in where I live it would be great so I definitely get it, though there are benefits to renting that I like as well (not responsible for maintenance, can move easily, etc.). If you're a single person buying property then you're probably not worried about what a future partner will want, and if they ultimately want something different then hopefully you'll have owned for long enough to have built a little equity and come out positive when selling. It's a "cross that bridge when you come to it" situation to me.