That's the problem though. They want you to commit to a purchase and hope that you forget about your 2h grace window
It really depends.
I think there's a lot of risks involved when taking on a long term mortgage. Everyone says renting is worse because you're paying off someone else's loan. Of course in a vacuum that's true. But by renting you're not taking a 30 year risk. If you feel that something is brewing in the economic system (another GFC) maybe it's safer to consider renting until the odds are in your favour.
Some questions to ask yourself:
Is the housing market in a bubble? Is there a possibility of a correction. Can you weather that?
Are your central banks and banks raising interest rates? Could that affect your loan commitments.
Job stability and availability. Are these interest rates/inflation affecting the job market? Can you hold a job for the next 30 years.
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