The “forced savings” argument is nonsense. If you’re renting you are simply building equity and “savings” for someone else. Housing cost is a lot of monthly money going out the door to never see a penny of it again. People do dumb things like buy too much house, but it’s very hard to make a financially logical argument against sensible home ownership. Even in places were housing is super expensive it’s common for those that played their cards right to simply cash out later in life, buy some place in a less expensive part of the country and pocket all the equity.
In the US the whole tax system is also rigged massively in favor of home ownership. If you own you’re paying mortgage interest and real estate taxes and both are tax deductible. If you rent you are almost certainly paying both of these (your landlord includes it in the rent) and get no tax benefits.
The only realistic argument for renting is if you’re only living somewhere for a few years and the fixed costs of buying/selling outweighs the financial benefits of ownership.