I write from the perspective of making my living mostly from rental properties. I’m well aware of the costs of owning property that I live in or rent to others. I also know that renters share in the payment of insurance, taxes, and the maintenance of the homes they rent. It’s part of the rent paid. and When the owner's costs go up, as in a tax hike or insurance increase, so does the rent for the property. So both owners and renters pay those costs. Only the name on the check is different.
I would agree, now that I’m 76, that owning things is much more burdensome than it was when I was younger. All that stuff in my houses seems just like stuff to me that I have to find a way to dispose of. Even giving it away is lots of work. I’ve come to the conclusion that I’ll never use most of what I’ve got anymore and I’ll spend the rest of my life trying to get rid of the “stuff.”
I live in a rural area and it’s really not practical to be without our own vehicles in this area. There is little public transportation available and I’ve heard a few horror stories about Uber drivers who have murdered riders even here in the sticks.
I agree that if you move a lot or want the freedom of mobility, renting a home may be best. But if you are a retired homebody, owning and being able to modify your home to accommodate disabilities and new needs anytime you want to seems best to me.