[quote=jstoesz]Wow really 20k…I am just surprised. I guess your rent was way higher than mine. In the neighborhoods I liked it was WAY cheaper to rent than rent the money.
I was just flushing out the options sdr laid out as to the camps to be in.
I would like to add that you can lose 20k in a hurry in todays market. For most homes that doesn’t even cover sdr’s fees when you sell .
Do you really think it is safer monetarily to buy than rent. Ask yourself that honestly, because if you disagree, there is really no point to this conversation.[/quote]
Well, if it’s WAY cheaper to rent than buy, then it makes perfect sense to rent. However, to make a blanket statement that it’s safer to rent than buy w/out know the specific is just retarded.
BTW, I haven’t even considered the fact that my house probably went up about $20k since I bought, so if it drop $20k, it would only be back to when I bought it. Also, why would you count in Realtor’s cost? What if you bought it as a home and plan to stay in it for at least 10 years?
Yes, it’s safer monetarily to buy than rent IF it’s cheaper to buy than rent. If you don’t agree with that, then you’re right, there’s really no point in continuing this debate.