With high property prices, is it OK to rent forever?

Kawsar (UK)

I'm in my late 30s and after years of moving around want to settle for a bit but I cannot get my head round committing myself to a 25-year mortgage on a tiny flat that will exhaust my income. I have a decent career with in-demand skills, I have no other consumer debt and am not going to have a family so am pretty flexible. I am scared about spending the money that I earn for years all on something I am not sure I even want.

A man passes signage for a new development advertising apartments in central London, July 2, 2014. [Photo/Agencies]