IMHO, ppl who say Firmly I'd rather buy than rent statement (but many youngsters want to buy out of their affordability):

It's normal, it could be due to,
1. never experienced/never tried to know 1998 economic crisis, back then the rental vs installment vs interest rate all were at different mathematic outcome
2. been influenced by recent years seeing the price UP UP UP .. yahoo!
3. etc

A real case:
Recently with my fren I've seen a lady very happily viewed a 650K house, really I can't put it into words how excited she was from her words & gestures.
She seriously wanted to place deposit already, want 90% loan.

When it comes to profile checking, she said she is earning RM2300 a month gross pay, on-hand commitment is RM600 per month.
Then my fren tried to help her further by asking if she considers joint name with her husband, she+husband is earning RM5000 per month gross pay, Commitment: current apartment paying RM800 per month & just bought a new Branded car monthly installment RM1500.
Currently on-hand Commitment altogether: RM2900.

What do you think about this case? This case of course can't pass.
The above is just to share some youngsters they're just never consider about consequences.