This is only looking at a point in time, not the life of the loan. In the US at least, we have fixed rate loans (many countries do not have that). So your “rent” when you mortgage a home is fixed for 30 years. When you rent, your rental costs increase with inflation every year. While it might be 14% higher to mortgage than rent right now, in a few years your mortgage will stay the same while your rent will have increased. Yes, there are repair/maintenance costs, but after 5 years or so you are saving enough per month to pay for those repairs.
This is only looking at a point in time, not the life of the loan. In the US at least, we have fixed rate loans (many countries do not have that). So your “rent” when you mortgage a home is fixed for 30 years. When you rent, your rental costs increase with inflation every year. While it might be 14% higher to mortgage than rent right now, in a few years your mortgage will stay the same while your rent will have increased. Yes, there are repair/maintenance costs, but after 5 years or so you are saving enough per month to pay for those repairs.