My wife and I are shelling out $31,000 / year on rent for our 2200 sq ft San Jose home. I am NOT at all addicted to throwing thirty grand a year out the window.
On the other hand…during the 12+ months we’ve rented this place, its value has fallen over TEN GRAND a month. They were selling for about $850k when we moved in and now are down to about $700k. I’m sure glad I don’t own this place. *whew*
