Exactly why the OP won't choose to move there. Why should he have to pay someone the privilege of living, and get none of that money back when/if they decide to leave? At least when you buy you get some equity.
If you lose your job in a crisis, you also won't be able to pay your rent and you'll move/sublet your apartment. Losing your job pretty much screws you however you decide to live.
Exactly why the OP won't choose to move there. Why should he have to pay someone the privilege of living, and get none of that money back when/if they decide to leave? At least when you buy you get some equity.