«meaning I don't have to buy one»
I would say this inference is incorrect. “Buy” and “rent” aren't the only housing occupancy arrangements there are. They're the most prevalent by far in societies like yours, but eliminating “rent” doesn't mean “buy” is the only option remaining.
Most likely, eliminating “rent” would leave room for many other types of housing arrangements, including some where you don't have to own the home you live in if that's not what you want.
@magitweeter @violetmadder I'm happy with the inference, as it is. You're welcome to see it as being incorrect, though, but that's none of my business.