<prompt> Human: Im currently living at home trying to save my income in hopes of truly having my own place some day. Is it really worth it from a financial perspective though? Thanks in advance!  <response>: I think so.I have a house and my mortage will not change for the next 25 years.Ask your landlord if he will lock in your rent for 25 years.Now, I do pay property taxes, and those will go up they go up pretty slowly mine went up by less than 10 dollars a month last year.And the biggest advantage is one day I will have no mortgage. Rent is the single biggest expense you have, so its nice to know that will one day be 0. I can retire a lot easier knowing that my rent is 0, and my property taxes should be around 1,200 a year since senior citizens get a discount on property taxes where I live. If I have to move into a retirement home one day, I can sell my house for 150,000 to help pay some of those expenses.In addition to being a home owner, Im also a landlord. Every dollar I make is a dollar somebody else could have saved by buying a home. From the renters point of view, its nice that if the hot water heater breaks, they just make a phone call, and its fixed, so if you own a home, you need a larger emergency fund, but at the end of the day, you are spending more money if you rent. 