I know what the alternatives are obviously. I have rented before. You gave reasons why you dont like home ownership. I can tell you why renting has been horrible for me in the past too. Have actually moved from a rental property because of mold. All the reasons you list can happen if you rent though. Also, issues with your house is your responsibility. If you cant take that responsibility then dont do it surely. I get that. You say your home is your family. Now you are getting emotional with it. We are clearly talking about property. For me its about "having". I want to "have" a home. Not be in someone else's. I wont rely on another owning a home, so then I can rent what they own. The person you rent from is a home owner.

Also, property doesnt stay in your name after you die. Thats not possible. Next of kin, family. If you were a fool and had a mortgage then the bank should get your property.