It’s true over leveraging seems to be the American way, but GP was saying, I think, that homeownership does not have the risk of a landlord ending an otherwise mutually accepted relationship.

If this is still accurate, a third of renters could theoretically be told the rent is doubling or learning the lease is ending. Depending on the health of the market, that can be a major risk, and not everyone can or wants the flexibility of a rental at all times.

https://www.bls.gov/spotlight/2022/housing-leases-in-the-u-s...