The decision to become a homeowner, or the decision to not become a homeowner, is the biggest financial decision you are likely to make in your entire life.
The cards are stacked against you. Virtually every source of advice on housing is biased: from the government, which prefers you own, to agents, who want you to transact quickly, to family, who want you to have the safety net of forced savings, to even the economists who are calling for a crash in prices. Housing is a complicated thing, and there are no good sources of advice. Renting is the best way to neutralize all of this bad advice.
If you decide to be a renter, find a forced savings program that works for you. Preferably more than one. Having forced savings will ensure you build wealth over time and have a secure financial future.
If you decide to be a homeowner, take your time, figure out what you want from housing, and wait for the right op