"...Bottom line, if I were 25 years old today, I would rent..."
I should also add - I live in flyover country. Its about a wash filing taxes with standard deduction vs itemized deductions. If I lived on the left or right coasts, the mortgage interest deduction would become more meaningful to me, but as it stands now it doesn’t really matter.
A co-worker worked hard to pay off her house early, only to discover that 40% of her house payment had been escrow stuff for taxes and insurance. A house is never truly paid off, sadly.