I owned for 16 years from my early 20s to mid 30s, then rented for a few years and now i own again.
I began private renting due to divorce and it was a complete port in a storm for me and the 3 DCs, lovely place all newly refurbished, and at first, after being mortgaged up from so young for 16 years, renting was a breath of fresh air! I felt so free! You still have your monthly bills, but to just make a phone call when something breaks and have someone come and fix it and someone else pay for it was great! I enjoyed not being tied to the place. I was totally happy.
After a while when the dust of the messy divorce settled and i was mentally better off it started to feel a bit shit to not own the roof over my head. The place looked lovely but was done on the cheap. When i got fed up with the magnolia walls i couldn't do anything about it. I couldn't do much to the garden and i missed gardening. I was stuck with the cheap kitchen appliances which kept breaking or konking out and the flexible plastic bath which you couldn't fill right up. The electrics weren't quite right and turning on the toaster or the kettle often blew the downstairs fuse all the time and the landlord kept turning a blind eye to it because i ''just'' had to go in the garage and turn it back on. Most of all i began to worry what would happen if the landlord wanted to sell and realised i'd been very luck to get the place i was in and wouldn't have a deposit up front to move again if he suddenly wanted to chuck us out.
I did notice a slight attitude from new people who found out i was renting, however, i was in the same village and most of the people i knew were very aware of the shit i'd been through with XH ect and how i'd had to sort a home out quickly for the me and the DCs.
When i moved into my second rented property i really noticed it. Lovely houses, lovely village, but the rest of the street were all homeowners either with 2.5 kids and a pony, or elderly with the mortgage paid off years ago rattling round a big house. We loved our place and did what we could with pots of plants out the front and keeping the drive clean but it always looked dated and like The Rented Out House because we couldn't do the sort of things you do when you own to keep it looking up to date.
I did feel a bit second rate. Maybe it's me - maybe it was the funny looks we'd get until the neighbors got to know us. Maybe it was because some of the neighbors wouldn't talk to us at all. That had NEVER happened to me before.
Cutting to the chase - i'm happier to be back being a homeowner again. YANBU OP. The world is slowly changing though. Younger generations won't have the expectation and social stigma around it all hopefully. Hopefully too legislation here will slowly change giving renters the same protection they enjoy in other countries where home ownership is the exception rather than the norm.