That is true, but when you landlord sells the home on you, and you have to relocate, your children will have to make new friends and go to a new school. They will never feel at home.
There are other good reasons to buying a house. Now may not be the right time to do that, considering the market may tank at any time. I too am waiting for the big crash. Since I can’t afford the home that I want, it’s easy to be patient.