I'm 45, I've been renting for 25 years. I love the flexibility. I've never been forced to move by a landlord, though I admit it could happen, but I'd be fine to move. I've moved voluntarily about 15 times in those last 25 years.
Hi, Australian here living in Sydney. I'm a very happy renter. Renting in Sydney annually is way under 5% of the cost of owning a house. Even if I could afford to buy a house in Sydney, I wouldn't dream of it. It's much more economically sensible to rent. The money I save in opportunity costs from renting is huge. I can invest the difference between rent and mortgage repayments and don't need to be concerned with maintenance and other costs of owning.