We have rented since we were married 5 years agp.  We live in SW Ontario and have managed to save 32,000 in my TFSA and 9000 in my RRSP.  My partner has saved 22,000 in her TFSA, 18,000 in her RRSP, and we have been making the max payment into our child's RESP since he was born this April.  Renting+disciplined saving is the best way for young families to build a nest egg quickly.  The argument about 'paying someone else's mortgage' falls apart because people do not account for true cost of home ownership when budgeting.