These days, a fixed low mortgage rate, is the only hedge against inflation. If your income can keep up with rising rents, then rent. But in 15 or 30 years, you will not have an asset to live in, sell or rent out. At some point, like it or not, your income will decrease. If you are renting, this can be problematic. If your income is such that you can pay rent and still save and invest, then you are good.