I dont want to own because of equity, there is a lot of other reasons why owning is important for me. For example there is a lot of things I would like to do in my apt that I cannot as a renter: passing cables in the walls, moving a wall, adding some electric plugs etc. I also have less stability, even if I have some protections tbe owner could always decide to do some big renovations and kick me out.
Renting is okay, but there is big drawbacks and I should be able to own if I want to.