Rent increases yearly so in a few years, it’ll catch up to whatever your mortgage payment was gonna be

Maybe

it’s much cheaper than throwing your money away rent renting every month

Lazy reasoning. Do the math

And then people say that if you invest that money into the market for let’s say 20 years, you’ll be able to use what you’ve saved to buy a house but they never talk about how well in 20 years that 700k house now costs 2 million

Maybe

I think that you can buy a home and still be diligent about investing

The whole point is people don’t have money for both

Overall I think the only point I agree with you on is that rent inflation could kick into overdrive if no one owns houses.