Are other fence sitters experiencing the same feeling?

[kewp]

Unless you pay cash for a property you are renting money from the bank.

I’ll rent for the rest of my life before I overpay for shelter. I would rather have the freedom and extra cash, plus the knowledge that I’m not buying into the greatest fraud in human history.

[an]

It’s all fine and good when rent is more expensive than mortgage, which has been the main theme since this site started. However, what would you do when it’s actually cheaper to buy than rent, but there’s still down side risk? Not every areas are like that but affordable areas like Mira Mesa are already cheaper to buy vs rent. This is just talking about pure economics of buy vs rent. There are things that you get from buying vs rent as well that have different value to different people, which is stability, expense control, ability to modify your home the way you want, the ability to live in an area/location you want, etc. To some, these things are worthless and to some, it’s worth it to even buy at peak 2005 price.

[an]

It’s all fine and good when rent is more expensive than mortgage, which has been the main theme since this site started. However, what would you do when it’s actually cheaper to buy than rent, but there’s still down side risk? Not every areas are like that but affordable areas like Mira Mesa are already cheaper to buy vs rent. This is just talking about pure economics of buy vs rent. There are things that you get from buying vs rent as well that have different value to different people, which is stability, expense control, ability to modify your home the way you want, the ability to live in an area/location you want, etc. To some, these things are worthless and to some, it’s worth it to even buy at peak 2005 price.

[an]

It’s all fine and good when rent is more expensive than mortgage, which has been the main theme since this site started. However, what would you do when it’s actually cheaper to buy than rent, but there’s still down side risk? Not every areas are like that but affordable areas like Mira Mesa are already cheaper to buy vs rent. This is just talking about pure economics of buy vs rent. There are things that you get from buying vs rent as well that have different value to different people, which is stability, expense control, ability to modify your home the way you want, the ability to live in an area/location you want, etc. To some, these things are worthless and to some, it’s worth it to even buy at peak 2005 price.

[an]

It’s all fine and good when rent is more expensive than mortgage, which has been the main theme since this site started. However, what would you do when it’s actually cheaper to buy than rent, but there’s still down side risk? Not every areas are like that but affordable areas like Mira Mesa are already cheaper to buy vs rent. This is just talking about pure economics of buy vs rent. There are things that you get from buying vs rent as well that have different value to different people, which is stability, expense control, ability to modify your home the way you want, the ability to live in an area/location you want, etc. To some, these things are worthless and to some, it’s worth it to even buy at peak 2005 price.

[an]

It’s all fine and good when rent is more expensive than mortgage, which has been the main theme since this site started. However, what would you do when it’s actually cheaper to buy than rent, but there’s still down side risk? Not every areas are like that but affordable areas like Mira Mesa are already cheaper to buy vs rent. This is just talking about pure economics of buy vs rent. There are things that you get from buying vs rent as well that have different value to different people, which is stability, expense control, ability to modify your home the way you want, the ability to live in an area/location you want, etc. To some, these things are worthless and to some, it’s worth it to even buy at peak 2005 price.

[Sandi Egan]

real estate is overrated

[Sandi Egan]

real estate is overrated

[Sandi Egan]

real estate is overrated

[Sandi Egan]

real estate is overrated

[Sandi Egan]

real estate is overrated

[Anonymous]

Well, even though I’ve been becoming tempted a lot lately, I’m going to go ahead and wait a year at least. I want a modest mortgage so I can live comfortably and invest my extra money for my retirement, and the kids’ college tuition. I want to be able to take vacations too, have fun. Being a slave for life to a ridiculously high mortgage payment is so not worth it. A lot of people are figuring that out right now.

[Anonymous]

Well, even though I’ve been becoming tempted a lot lately, I’m going to go ahead and wait a year at least. I want a modest mortgage so I can live comfortably and invest my extra money for my retirement, and the kids’ college tuition. I want to be able to take vacations too, have fun. Being a slave for life to a ridiculously high mortgage payment is so not worth it. A lot of people are figuring that out right now.

[Anonymous]

Well, even though I’ve been becoming tempted a lot lately, I’m going to go ahead and wait a year at least. I want a modest mortgage so I can live comfortably and invest my extra money for my retirement, and the kids’ college tuition. I want to be able to take vacations too, have fun. Being a slave for life to a ridiculously high mortgage payment is so not worth it. A lot of people are figuring that out right now.

[Anonymous]

Well, even though I’ve been becoming tempted a lot lately, I’m going to go ahead and wait a year at least. I want a modest mortgage so I can live comfortably and invest my extra money for my retirement, and the kids’ college tuition. I want to be able to take vacations too, have fun. Being a slave for life to a ridiculously high mortgage payment is so not worth it. A lot of people are figuring that out right now.

[Author]

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