Why do people seem to think buying a house is such a good thing?

Why do people seem to think buying a house is such a good thing?
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answer:My sister thought it was a good idea. 500K on a house. Was forced to sell it in 2009 for a nice 150K loss. The idea is that you aren’t paying someone else’s mortgage. My sister thought their house would cover her retirement. And generally that is a good sentiment. She was fucked by a nasty divorce. I am poor.. When the toilet explodes (happened three months ago) I liked being able to call the landlord and it is fixed for free the next day. And I know it isn’t free. I just don’t have to scramble to come up with 1K in a few hours. It is a bit like health insurance in that regard.
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