buying SHOULD BE cheaper than renting

[(former)FormerSanDiegan]

Hey, you asked for examples. I gave examples.
Some folks are applying extra conditions (such as normalizing by time or use) or trying to make examples that are analogous to a house.

The problem is that there are probably no other analogues. Food, shelter and clothing are very basic essentials. Food and clothing are typically consumed over much shorter time frames than shelter. These facts and the presence of inflation make finding an analogue to rent/purchase of housing very difficult, if not impossible.

[davelj]

[quote=UCGal]
Depends on where you live. If you live and work in Downtown you could probably get by with a carshare set up.
[/quote]

I actually live and work downtown. But I still couldn’t survive comfortably without my car. Too much to do and too many friends off the public transportation grid. San Diego’s a big county.

[davelj]

[quote=UCGal]
Depends on where you live. If you live and work in Downtown you could probably get by with a carshare set up.
[/quote]

I actually live and work downtown. But I still couldn’t survive comfortably without my car. Too much to do and too many friends off the public transportation grid. San Diego’s a big county.

[davelj]

[quote=UCGal]
Depends on where you live. If you live and work in Downtown you could probably get by with a carshare set up.
[/quote]

I actually live and work downtown. But I still couldn’t survive comfortably without my car. Too much to do and too many friends off the public transportation grid. San Diego’s a big county.

[davelj]

[quote=UCGal]
Depends on where you live. If you live and work in Downtown you could probably get by with a carshare set up.
[/quote]

I actually live and work downtown. But I still couldn’t survive comfortably without my car. Too much to do and too many friends off the public transportation grid. San Diego’s a big county.

[davelj]

[quote=UCGal]
Depends on where you live. If you live and work in Downtown you could probably get by with a carshare set up.
[/quote]

I actually live and work downtown. But I still couldn’t survive comfortably without my car. Too much to do and too many friends off the public transportation grid. San Diego’s a big county.

[davelj]

[quote=oxfordrick]3. Rents generally increase….

Now we’re talking.

I used to project rental increases in proformas when I was buying…now I’d have to project rent decreases, just destroys feasibility.
[/quote]

I’ll agree that rents are currently declining (who here didn’t expect some degree of declining rents?). But do you really believe that rents are going to be lower in ten years than they are today?

[davelj]

[quote=oxfordrick]3. Rents generally increase….

Now we’re talking.

I used to project rental increases in proformas when I was buying…now I’d have to project rent decreases, just destroys feasibility.
[/quote]

I’ll agree that rents are currently declining (who here didn’t expect some degree of declining rents?). But do you really believe that rents are going to be lower in ten years than they are today?

[davelj]

[quote=oxfordrick]3. Rents generally increase….

Now we’re talking.

I used to project rental increases in proformas when I was buying…now I’d have to project rent decreases, just destroys feasibility.
[/quote]

I’ll agree that rents are currently declining (who here didn’t expect some degree of declining rents?). But do you really believe that rents are going to be lower in ten years than they are today?

[davelj]

[quote=oxfordrick]3. Rents generally increase….

Now we’re talking.

I used to project rental increases in proformas when I was buying…now I’d have to project rent decreases, just destroys feasibility.
[/quote]

I’ll agree that rents are currently declining (who here didn’t expect some degree of declining rents?). But do you really believe that rents are going to be lower in ten years than they are today?

[davelj]

[quote=oxfordrick]3. Rents generally increase….

Now we’re talking.

I used to project rental increases in proformas when I was buying…now I’d have to project rent decreases, just destroys feasibility.
[/quote]

I’ll agree that rents are currently declining (who here didn’t expect some degree of declining rents?). But do you really believe that rents are going to be lower in ten years than they are today?

[scaredyclassic]

is it possible that rents could be lower in 10 years? it’s difficutl for me to imagine it. what are the odds?

[scaredyclassic]

is it possible that rents could be lower in 10 years? it’s difficutl for me to imagine it. what are the odds?

[scaredyclassic]

is it possible that rents could be lower in 10 years? it’s difficutl for me to imagine it. what are the odds?

[scaredyclassic]

is it possible that rents could be lower in 10 years? it’s difficutl for me to imagine it. what are the odds?

[Author]

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