sdcellar,
Sorry if it came off as snobish, sometimes I get carried away having fun and it was not intended to be a snub. If you knew me, you would laugh if you heard me described as snobish. There are no doubt opportunities to rent in most neighborhoods but those homes generally dont offer the opportunity for the long term lifestyle valued by many individuals. Those that are long term rentals quite frankly show their age.
I guess after all is said and done, my point is that there are no standard fundamentals as people all have different value systems. Those that place a high premium on home ownership tend to make the market while those that don’t are left to deal with the reality that there are others who place a greater premium on it. The result is it makes for a decision making process that is very uncomfortable for those placing a smaller premium on it.
SDR