My friends just purchased a home because the wife was tired of renting. They had sold their other home in 2003, and rented to wait out the housing bubble. I told the husband that I predicted a drop of 50% by 2010, and he was surprised at my gloom. Anyway, she got tired of renting. I don’t know all the reasons, only what she told me: she wanted her own place, so she could paint the walls and get settled in. SD Realtor, I think this couple would have been better off just painting the rental house. I am thinking of spending a few grand on painting my rental, because I have a 2 year lease. What is it about the wives? I was more eager to rent than my husband, but I am the one who got the 15 year mortgage in Phoenix, and who really wanted to sell. To me, financial security is much much more important than who own the house that I live in.