When you say "he's paying more every month", it seems like you're still sure that owning is paying less.
Nope.
Owning is not real if someone else can take it from you at anytime for whatever reason, which leads us back to Bitcoin.
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Your last point is correct. Though, there are different likelihoods of having one’s lack of true ownership made apparent, renting is higher on that scale than “owning”.
Can’t really speak to his specific situation, but on average we should expect the same property to cost more money and less work as a rental than as an “owned” property, right?
His list of things he saves money on are things that his landlord pays for him, using his rent money. The exception to that should only be temporarily market fluctuations that the property owner is financially incentivized to discover and rectify.