I'm going to go ahead and disagree with you. A house is a form of forced savings, which is why it works so well for people, but you absolutely can build up wealth while renting.
It is for sure possible, no argument, but the actuality of it is relatively small, while the renters are putting in equity into someone else's pocket =/ Your "rent", as it were, goes towards something (even if a large portion of it is interest.. and extra payment a year towards the principal goes a long way).
