[quote=briansd1]Also, rather than buying, one may like to continue renting and upgrade the area that one lives in.
As you move up the desirability ladder, renting makes more sense, if the monthly expense of renting is still within your budget.
It’s like upgrading from a Marriott Courtyard to a Hilton where the Hilton is a relatively better deal.[/quote]
I agree with that. Buying is not for everyone. Some are perfectly happy with renting for life. One just have to make sure their retirement accounts are big enough to maintain that life style after retirement. One of the biggest advantage of buying vs rent is you have a house paid for in 30 years. However, if your retirement account can support your life style, there’s no real need to buy if you’re perfectly happy renting.
