It is quite true that in Britain, home ownership is far more popular than it is for our continental neighbours. As a financial advisor specialising in mortgages for many years (now retired), I believe there are historical reasons for this. One of the main ones was Mrs Thatchers "Right to Buy" initiative. When Council Houses could be bought at a real knockdown price instead of a lifetime renting, home ownership became a reality for millions who otherwise had little chance of owning their own home. In addition, the favourable treatment MIRAS made mortgage interest tax free and therefore exceptionally cheap. In addition the mortgage market in the UK became the most sophisticated in the world, with a huge range of possibilities available, which were never available in other countries. The law of supply and demand then kicked in - millions became able to buy their homes, demand therefore rose, and prices followed demand. This then increased demand even more, as people relised that it was also the best investment they could get and almost without risk (Safe as houses!). After 25 years they had a huge asset in the house they had bought, whereas the renter had precisely nothing. No contest!
There are of course other lesser factors, as well as exceptions, but those are the chief reasons that Britons buy and continentals rent
Ah! Come back Mrs Thatcher - all is forgiven! - Well, nearly all!
Brian
P.S. I've forgotten what the subject of this thread started out as!