Leasing or Renting.
Of course it would depend on what it is, Renting a apartment is a waist of moeny, but many people don't have a choice, I have rented a apartment for a few years and now have a house. With a house I pay a little more then I did with rent, and If I want to sell, I get all that money back and use it as a down payment on a different house it I want, I didn't get shit when I left my apartment.
My brother is leasing a truck, I to this day I can't figure out why. For the lease to be valid you are limited to a number of km per month (At least I think is't per month) and he can't sell it so he won't get any money back. He even had the nerve to ask for my car so he can meet someone so that he won't waist the miles on his truck. Flat down said no.
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I agree that leasing is a waste, but there are plenty of times when renting makes perfect sense. People who have to move around a lot shouldn't bother with buying - the fees and selling costs'll kick your butt. And when the housing market's poor for buyers, buying's not that smart either. Now's not too bad of a time to buy a house, but there have been plenty of times where it didn't make financial sense.
I am a dolphin, do you want me on your body?