I am not a fan of leasing or renting but have been using Office 365 Home subscription for a couple of years. We have it installed on five family computers in four different locations. Word is used some, Excel more often, and mixed use for PowerPoint and Access. One system is a Mac.
I went with the lease decision as overall everyone's requirements (home, work, school) were met. However, those requirements have changed and will be changing more. And at $10 per month we could subscribe for quite a while before getting close to the full retail purchase price.
Good chance that I may move myself to ownership versus lease. Or even use open source software. Currently comparing notes with everyone involved - especially with school starting up for some family members. There may even be eligibility for a college discount package.
Lease versus buy is an ongoing business decision that is made everyday by many people professionally and personally. Always trade-offs for sure and sometimes not perfect either way. However, it is nice to have the lease vs buy option available.