Depending on location and mortgage offer, he is mostly right.
I pay mortgage at this time and now couldn't find any apartment that is cheaper than my mortgage! Guess what? My mortgage is FIXED, so I am not worry about it for next 25 years, By the time 25 years from now, rent might be three times more than my mortgage and I would have burnt the mortgage note and throw party, then just pay taxes.
Believe me, the rents you pay already included property taxes, whenever they go up, the rent will go up as soon as lease renews. No different than Mortgage.
Rents are ideal and good for people who do not have stable job and may have to move less than 3 years
Mortgage is good for long term and stable job. Reason? Huge down payment for house while rent only has security deposit.
I got no regret buying house. I control everything, no Landlord BS, I get what kind of furnace I want, that way I can save $$$ on heating bills, with landlord I can't and stuck with inefficent furnace and pay high heating bills. This is true because I average pay 450 dollars per winter time (5 months) just to heat the whole house at nice, N toasty 72 degrees while my friends who pays rent pays 200-300 a month on heating cost, ouch!!!!
Next time, buy the house. An apartment rent and a house payment are almost same. House have no rules