I don't understand why people see renting as money lost...

When I compare my situation with a lost of my friends situation, and if I stick to my plan, we'll all end up with our mortgages paid around the same time. Except in the mean time they will have had at least ten years feeling stuck with a higher mortgage, not being able to afford holidays abroad etc..., paying interests rates much higher than mine.

But then that's according to my situation... I guess everyone, considering the place they want to live in, their career, their family etc... may see things differently.

Ponrauil