It definitely is a better deal though, if you can scrape up the sum.
You rent for 20 years, all the money you’ve spent over those 240 months is gone forever. That wealth has been transferred from you to another entity. It’s not yours anymore in any way shape or form.
You buy a house, your wealth just changes shape. Money in your bank account becomes real estate with your name on the papers. You still have your wealth, for the most part. Sure you’ll lose some on the maintenance and the mortgage and whatnot, but long term it’s not even in the same ballpark of 240 months of rent.
Not a difficult decision to make, if, again, you are in a position to make it in the first place.