unless you have a place you can go live for free you are not throwing money away paying rent you are literally paying for a place to live and not be homeless so in reality its no throwing money away i hate that phrase.
Renting IMO is the way to go until your in your early 30's maybe even beyond. im 27 and rent and love the fact its cheaper, only have 1 year leases and im not tied down financially with property taxes or maintenance issues
obviously if i was to "own" a house that money would go to the house and not seem so wasted because of equity but lets make it clear you never really own the house until its paid off which is forever when your old and useless...you need like 50k to pay for the down payment and the mortgage will be more than renting. plus you are stuck there
Renting IMO is the way to go until your in your early 30's maybe even beyond. im 27 and rent and love the fact its cheaper, only have 1 year leases and im not tied down financially with property taxes or maintenance issues
obviously if i was to "own" a house that money would go to the house and not seem so wasted because of equity but lets make it clear you never really own the house until its paid off which is forever when your old and useless...you need like 50k to pay for the down payment and the mortgage will be more than renting. plus you are stuck there