Not off topic- is renting addictive?

[temeculaguy]

Back to the housing game, different twist. There are a chunk of us that are renting and waiting but last year we heard a lot of complaining about the pitfalls of renting, not so much these days. I had three very nice purchase opportunites come up in the past two weeks and I balked at all three. My buddy accused me of being “Barn Sour” saying that not having to deal with maintenance, gardening, equity loss, etc., is something I have been spoiled by and will never want to change. What I wanted two years ago for the price I wanted to pay has already arrived (and then some) and I’m not having it. Each time I “pass” my decision is rewarded with another 10 or 20k within a month or two. Even if another year or two come and go is there a fear in anyone else that the bottom may pass them by. Can the convenience and financial windfall of renting ruin a person?

[SD Realtor]

I think it varies… most all things are addictive after awhile… I would say renting is not as addictive as perhaps internet porn, but maybe it is as addictive as perhaps certain dairy products… What man has not stole a precious moment alone with a large chunk of extra sharp cheddar cheese….

Renting works for some and doesn’t for others. As it has been well chronicled, I have consistently whined about renting but I always did try to temper the whining with the “it doesn’t work for me” disclaimer. Indeed it works exceedingly well for many, dare I say, most people. For you especially it seems to work quite well. I must say, in my vicarious life through you, I imagine myself renting as well, thus saving more money in a declining market and building up virtual equity when the day of reckoning does come and you do buy a home. You are doubly rewarded as well because of the location you are in. I strongly believe that your bottom point is not nearly as far off as other areas of the county. I am not saying it is imminent but still, I think you could see ALOT of the risk unwound in your neck of the woods by 2010 sometime. Maybe not a bottom but definitely much less risky.

[SD Realtor]

I think it varies… most all things are addictive after awhile… I would say renting is not as addictive as perhaps internet porn, but maybe it is as addictive as perhaps certain dairy products… What man has not stole a precious moment alone with a large chunk of extra sharp cheddar cheese….

Renting works for some and doesn’t for others. As it has been well chronicled, I have consistently whined about renting but I always did try to temper the whining with the “it doesn’t work for me” disclaimer. Indeed it works exceedingly well for many, dare I say, most people. For you especially it seems to work quite well. I must say, in my vicarious life through you, I imagine myself renting as well, thus saving more money in a declining market and building up virtual equity when the day of reckoning does come and you do buy a home. You are doubly rewarded as well because of the location you are in. I strongly believe that your bottom point is not nearly as far off as other areas of the county. I am not saying it is imminent but still, I think you could see ALOT of the risk unwound in your neck of the woods by 2010 sometime. Maybe not a bottom but definitely much less risky.

[SD Realtor]

I think it varies… most all things are addictive after awhile… I would say renting is not as addictive as perhaps internet porn, but maybe it is as addictive as perhaps certain dairy products… What man has not stole a precious moment alone with a large chunk of extra sharp cheddar cheese….

Renting works for some and doesn’t for others. As it has been well chronicled, I have consistently whined about renting but I always did try to temper the whining with the “it doesn’t work for me” disclaimer. Indeed it works exceedingly well for many, dare I say, most people. For you especially it seems to work quite well. I must say, in my vicarious life through you, I imagine myself renting as well, thus saving more money in a declining market and building up virtual equity when the day of reckoning does come and you do buy a home. You are doubly rewarded as well because of the location you are in. I strongly believe that your bottom point is not nearly as far off as other areas of the county. I am not saying it is imminent but still, I think you could see ALOT of the risk unwound in your neck of the woods by 2010 sometime. Maybe not a bottom but definitely much less risky.

[SD Realtor]

I think it varies… most all things are addictive after awhile… I would say renting is not as addictive as perhaps internet porn, but maybe it is as addictive as perhaps certain dairy products… What man has not stole a precious moment alone with a large chunk of extra sharp cheddar cheese….

Renting works for some and doesn’t for others. As it has been well chronicled, I have consistently whined about renting but I always did try to temper the whining with the “it doesn’t work for me” disclaimer. Indeed it works exceedingly well for many, dare I say, most people. For you especially it seems to work quite well. I must say, in my vicarious life through you, I imagine myself renting as well, thus saving more money in a declining market and building up virtual equity when the day of reckoning does come and you do buy a home. You are doubly rewarded as well because of the location you are in. I strongly believe that your bottom point is not nearly as far off as other areas of the county. I am not saying it is imminent but still, I think you could see ALOT of the risk unwound in your neck of the woods by 2010 sometime. Maybe not a bottom but definitely much less risky.

[SD Realtor]

I think it varies… most all things are addictive after awhile… I would say renting is not as addictive as perhaps internet porn, but maybe it is as addictive as perhaps certain dairy products… What man has not stole a precious moment alone with a large chunk of extra sharp cheddar cheese….

Renting works for some and doesn’t for others. As it has been well chronicled, I have consistently whined about renting but I always did try to temper the whining with the “it doesn’t work for me” disclaimer. Indeed it works exceedingly well for many, dare I say, most people. For you especially it seems to work quite well. I must say, in my vicarious life through you, I imagine myself renting as well, thus saving more money in a declining market and building up virtual equity when the day of reckoning does come and you do buy a home. You are doubly rewarded as well because of the location you are in. I strongly believe that your bottom point is not nearly as far off as other areas of the county. I am not saying it is imminent but still, I think you could see ALOT of the risk unwound in your neck of the woods by 2010 sometime. Maybe not a bottom but definitely much less risky.

[CA renter]

Yes, renting is addictive, especially if you rent a nice house in a nice neighborhood.

When we first decided to sell-to-rent back in 2004, we debated living in a smaller apartment (and save more money) vs. living in a house that would suit our needs for many years to come (and not saving as much).

We ended up renting a larger house with a yard in a good neighborhood. That was the best move we made, because we would NOT have been happy in a small apartment all these years with a family of five. Additionally, rents have skyrocked in our area, and the rental market is **tight** here. Not so in 2004, so we could negotiate more.

[CA renter]

Yes, renting is addictive, especially if you rent a nice house in a nice neighborhood.

When we first decided to sell-to-rent back in 2004, we debated living in a smaller apartment (and save more money) vs. living in a house that would suit our needs for many years to come (and not saving as much).

We ended up renting a larger house with a yard in a good neighborhood. That was the best move we made, because we would NOT have been happy in a small apartment all these years with a family of five. Additionally, rents have skyrocked in our area, and the rental market is **tight** here. Not so in 2004, so we could negotiate more.

[CA renter]

Yes, renting is addictive, especially if you rent a nice house in a nice neighborhood.

When we first decided to sell-to-rent back in 2004, we debated living in a smaller apartment (and save more money) vs. living in a house that would suit our needs for many years to come (and not saving as much).

We ended up renting a larger house with a yard in a good neighborhood. That was the best move we made, because we would NOT have been happy in a small apartment all these years with a family of five. Additionally, rents have skyrocked in our area, and the rental market is **tight** here. Not so in 2004, so we could negotiate more.

[CA renter]

Yes, renting is addictive, especially if you rent a nice house in a nice neighborhood.

When we first decided to sell-to-rent back in 2004, we debated living in a smaller apartment (and save more money) vs. living in a house that would suit our needs for many years to come (and not saving as much).

We ended up renting a larger house with a yard in a good neighborhood. That was the best move we made, because we would NOT have been happy in a small apartment all these years with a family of five. Additionally, rents have skyrocked in our area, and the rental market is **tight** here. Not so in 2004, so we could negotiate more.

[CA renter]

Yes, renting is addictive, especially if you rent a nice house in a nice neighborhood.

When we first decided to sell-to-rent back in 2004, we debated living in a smaller apartment (and save more money) vs. living in a house that would suit our needs for many years to come (and not saving as much).

We ended up renting a larger house with a yard in a good neighborhood. That was the best move we made, because we would NOT have been happy in a small apartment all these years with a family of five. Additionally, rents have skyrocked in our area, and the rental market is **tight** here. Not so in 2004, so we could negotiate more.

[Ash Housewares]

The flexibility that renting gives you is as addictive as the financial gain. For better or worse the world has changed in the last 20 years. People no longer work for 1 or 2 companies until they retire, now they’re likely to work for 6 or 7, and doing so requires moving a lot. Owning a house can tie you down and limit your career options in this fast changing world.

You better have a very stable job or a house near an employment center if you want to avoid some painful decisions in the future.

[Ash Housewares]

The flexibility that renting gives you is as addictive as the financial gain. For better or worse the world has changed in the last 20 years. People no longer work for 1 or 2 companies until they retire, now they’re likely to work for 6 or 7, and doing so requires moving a lot. Owning a house can tie you down and limit your career options in this fast changing world.

You better have a very stable job or a house near an employment center if you want to avoid some painful decisions in the future.

[Ash Housewares]

The flexibility that renting gives you is as addictive as the financial gain. For better or worse the world has changed in the last 20 years. People no longer work for 1 or 2 companies until they retire, now they’re likely to work for 6 or 7, and doing so requires moving a lot. Owning a house can tie you down and limit your career options in this fast changing world.

You better have a very stable job or a house near an employment center if you want to avoid some painful decisions in the future.

[Ash Housewares]

The flexibility that renting gives you is as addictive as the financial gain. For better or worse the world has changed in the last 20 years. People no longer work for 1 or 2 companies until they retire, now they’re likely to work for 6 or 7, and doing so requires moving a lot. Owning a house can tie you down and limit your career options in this fast changing world.

You better have a very stable job or a house near an employment center if you want to avoid some painful decisions in the future.

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