Home › Forums › Closed Forums › Buying and Selling RE › Is renting for Losers?
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July 30, 2010 at 9:24 AM #585433July 30, 2010 at 9:35 AM #584411jpinpbParticipant
I know some pretty dumb people who bought during the bubble who are upside-down, one in particular 100k and another one about 200-300k and a realtor who is about 350k in the hole.
Gosh I feel so stupid renting.
Also, what if you own AND rent. I know someone who owns in Hillcrest and rents in LJ so the kids go to a better school.
I’ll also add I own properties (some in CA) and a condo in NJ, but I rent here.
There’s a few people I know who have been renting all through the bubble and banking/investing and have amassed more money than those who “bought” who have mostly amassed debt.
Lastly, whoever would start a thread like this seriously needs to evaluate who is dumb.
July 30, 2010 at 9:35 AM #584502jpinpbParticipantI know some pretty dumb people who bought during the bubble who are upside-down, one in particular 100k and another one about 200-300k and a realtor who is about 350k in the hole.
Gosh I feel so stupid renting.
Also, what if you own AND rent. I know someone who owns in Hillcrest and rents in LJ so the kids go to a better school.
I’ll also add I own properties (some in CA) and a condo in NJ, but I rent here.
There’s a few people I know who have been renting all through the bubble and banking/investing and have amassed more money than those who “bought” who have mostly amassed debt.
Lastly, whoever would start a thread like this seriously needs to evaluate who is dumb.
July 30, 2010 at 9:35 AM #585038jpinpbParticipantI know some pretty dumb people who bought during the bubble who are upside-down, one in particular 100k and another one about 200-300k and a realtor who is about 350k in the hole.
Gosh I feel so stupid renting.
Also, what if you own AND rent. I know someone who owns in Hillcrest and rents in LJ so the kids go to a better school.
I’ll also add I own properties (some in CA) and a condo in NJ, but I rent here.
There’s a few people I know who have been renting all through the bubble and banking/investing and have amassed more money than those who “bought” who have mostly amassed debt.
Lastly, whoever would start a thread like this seriously needs to evaluate who is dumb.
July 30, 2010 at 9:35 AM #585146jpinpbParticipantI know some pretty dumb people who bought during the bubble who are upside-down, one in particular 100k and another one about 200-300k and a realtor who is about 350k in the hole.
Gosh I feel so stupid renting.
Also, what if you own AND rent. I know someone who owns in Hillcrest and rents in LJ so the kids go to a better school.
I’ll also add I own properties (some in CA) and a condo in NJ, but I rent here.
There’s a few people I know who have been renting all through the bubble and banking/investing and have amassed more money than those who “bought” who have mostly amassed debt.
Lastly, whoever would start a thread like this seriously needs to evaluate who is dumb.
July 30, 2010 at 9:35 AM #585448jpinpbParticipantI know some pretty dumb people who bought during the bubble who are upside-down, one in particular 100k and another one about 200-300k and a realtor who is about 350k in the hole.
Gosh I feel so stupid renting.
Also, what if you own AND rent. I know someone who owns in Hillcrest and rents in LJ so the kids go to a better school.
I’ll also add I own properties (some in CA) and a condo in NJ, but I rent here.
There’s a few people I know who have been renting all through the bubble and banking/investing and have amassed more money than those who “bought” who have mostly amassed debt.
Lastly, whoever would start a thread like this seriously needs to evaluate who is dumb.
July 30, 2010 at 12:58 PM #584516RenParticipantI read somewhere that the wealthy almost invariably own, but many SUPER wealthy (i.e., net worth of hundreds of millions+) exclusively rent. Granted, they rent quite lavishly, but rent nonetheless. Morons.
July 30, 2010 at 12:58 PM #584607RenParticipantI read somewhere that the wealthy almost invariably own, but many SUPER wealthy (i.e., net worth of hundreds of millions+) exclusively rent. Granted, they rent quite lavishly, but rent nonetheless. Morons.
July 30, 2010 at 12:58 PM #585143RenParticipantI read somewhere that the wealthy almost invariably own, but many SUPER wealthy (i.e., net worth of hundreds of millions+) exclusively rent. Granted, they rent quite lavishly, but rent nonetheless. Morons.
July 30, 2010 at 12:58 PM #585251RenParticipantI read somewhere that the wealthy almost invariably own, but many SUPER wealthy (i.e., net worth of hundreds of millions+) exclusively rent. Granted, they rent quite lavishly, but rent nonetheless. Morons.
July 30, 2010 at 12:58 PM #585553RenParticipantI read somewhere that the wealthy almost invariably own, but many SUPER wealthy (i.e., net worth of hundreds of millions+) exclusively rent. Granted, they rent quite lavishly, but rent nonetheless. Morons.
July 30, 2010 at 1:00 PM #584521AecetiaParticipantI do not think it has anything to do with smart or stupid so much as luck and timing. I was lucky to be able to buy when I did and I also lived a very low profile life to be able to save for a down payment in 1990. I read what many of you write all the time. Except for a few spammers, I have never read anything that would indicate the majority of you are anything, but bright people. Maybe we need to define ourselves in terms of who we are more than what we own.
July 30, 2010 at 1:00 PM #584612AecetiaParticipantI do not think it has anything to do with smart or stupid so much as luck and timing. I was lucky to be able to buy when I did and I also lived a very low profile life to be able to save for a down payment in 1990. I read what many of you write all the time. Except for a few spammers, I have never read anything that would indicate the majority of you are anything, but bright people. Maybe we need to define ourselves in terms of who we are more than what we own.
July 30, 2010 at 1:00 PM #585148AecetiaParticipantI do not think it has anything to do with smart or stupid so much as luck and timing. I was lucky to be able to buy when I did and I also lived a very low profile life to be able to save for a down payment in 1990. I read what many of you write all the time. Except for a few spammers, I have never read anything that would indicate the majority of you are anything, but bright people. Maybe we need to define ourselves in terms of who we are more than what we own.
July 30, 2010 at 1:00 PM #585256AecetiaParticipantI do not think it has anything to do with smart or stupid so much as luck and timing. I was lucky to be able to buy when I did and I also lived a very low profile life to be able to save for a down payment in 1990. I read what many of you write all the time. Except for a few spammers, I have never read anything that would indicate the majority of you are anything, but bright people. Maybe we need to define ourselves in terms of who we are more than what we own.
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