My father wouldn't take on a mortgage when they had their first (and only) house because of the dodgy employment situation at the time, he'd finished an apprenticeship but couldn't get work in his chosen trade.
They rented from the Birmingham council, a house that probably cost less than a couple of hundred quid to build.
They paid for that house over and over again until it was returned to the council when old age and death removed their need for it.