By IndiaHub 
Owning your home does more than eliminate the burden of rent, which could eat into a significant chunk of your monthly withdrawals from the FIRE corpus. Remember that rents rise by 5% every year, which could mean it could become a bigger expense as time passes.
Not just that, it also locks in a predictable housing cost, creates and grows in a valuable asset, and gives you the physical space you need for freely taking up post-retirement remote or consulting work if you choose to, pursue hobbies and recreation.