Not off topic- is renting addictive?

[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.

[sjglaze3]

I’m not but my brother is (addicted to renting). The funny thing is he used to be a realtor and persuaded me to buy my first house when I was 24, telling me what a great investment it was. That was back in 1994 when prices were low. He, on the other hand, could never find the right place at the right price at the right time. He’s still renting all these years later, now with a wife and three kids. So I guess, he’s addicted to renting. By the way, he’s not a realtor anymore but a property broker. There’s definitely an irony in that.

[sjglaze3]

I’m not but my brother is (addicted to renting). The funny thing is he used to be a realtor and persuaded me to buy my first house when I was 24, telling me what a great investment it was. That was back in 1994 when prices were low. He, on the other hand, could never find the right place at the right price at the right time. He’s still renting all these years later, now with a wife and three kids. So I guess, he’s addicted to renting. By the way, he’s not a realtor anymore but a property broker. There’s definitely an irony in that.

[sjglaze3]

I’m not but my brother is (addicted to renting). The funny thing is he used to be a realtor and persuaded me to buy my first house when I was 24, telling me what a great investment it was. That was back in 1994 when prices were low. He, on the other hand, could never find the right place at the right price at the right time. He’s still renting all these years later, now with a wife and three kids. So I guess, he’s addicted to renting. By the way, he’s not a realtor anymore but a property broker. There’s definitely an irony in that.

[sjglaze3]

I’m not but my brother is (addicted to renting). The funny thing is he used to be a realtor and persuaded me to buy my first house when I was 24, telling me what a great investment it was. That was back in 1994 when prices were low. He, on the other hand, could never find the right place at the right price at the right time. He’s still renting all these years later, now with a wife and three kids. So I guess, he’s addicted to renting. By the way, he’s not a realtor anymore but a property broker. There’s definitely an irony in that.

[sjglaze3]

I’m not but my brother is (addicted to renting). The funny thing is he used to be a realtor and persuaded me to buy my first house when I was 24, telling me what a great investment it was. That was back in 1994 when prices were low. He, on the other hand, could never find the right place at the right price at the right time. He’s still renting all these years later, now with a wife and three kids. So I guess, he’s addicted to renting. By the way, he’s not a realtor anymore but a property broker. There’s definitely an irony in that.

[an]

Some people love renting and some don’t. I fall into the don’t side. I’m only renting because it’s a financial decision. As soon as it’s cheaper to buy than rent, I’ll be buying and holding forever. I love customizing/personalizing everything I own, so renting is not preferred to me. It’s always nice to know what you will be spending in housing 5,10,15 years from now.

[an]

Some people love renting and some don’t. I fall into the don’t side. I’m only renting because it’s a financial decision. As soon as it’s cheaper to buy than rent, I’ll be buying and holding forever. I love customizing/personalizing everything I own, so renting is not preferred to me. It’s always nice to know what you will be spending in housing 5,10,15 years from now.

[an]

Some people love renting and some don’t. I fall into the don’t side. I’m only renting because it’s a financial decision. As soon as it’s cheaper to buy than rent, I’ll be buying and holding forever. I love customizing/personalizing everything I own, so renting is not preferred to me. It’s always nice to know what you will be spending in housing 5,10,15 years from now.

[an]

Some people love renting and some don’t. I fall into the don’t side. I’m only renting because it’s a financial decision. As soon as it’s cheaper to buy than rent, I’ll be buying and holding forever. I love customizing/personalizing everything I own, so renting is not preferred to me. It’s always nice to know what you will be spending in housing 5,10,15 years from now.

[an]

Some people love renting and some don’t. I fall into the don’t side. I’m only renting because it’s a financial decision. As soon as it’s cheaper to buy than rent, I’ll be buying and holding forever. I love customizing/personalizing everything I own, so renting is not preferred to me. It’s always nice to know what you will be spending in housing 5,10,15 years from now.

[temeculaguy]

Asia, I guess the buy and hold argument or at least the rent stability aspects are appealing. The point of the thread was that in my area it is already rent nuetral, actually it is cheaper to buy, yet I sit. Mostly I think that Bugs’ advice rings in my head, beckoning me to at least wait till the fall or winter, but even then I’m not so sure I will automatically do it. This is the only year in the last twenty that I have rented and I like it, a lot. I have more money than ever before, more invested than ever, yet my income isn’t significantly higher. There are a lot of expenses with owning that I never realized until I stopped. There is also a lot of savings going with a smaller place, the place I’m in is about half the size of the last one I owned and it doesn’t bother me one bit, point is, it will be hard to voluntarily end this party.

[temeculaguy]

Asia, I guess the buy and hold argument or at least the rent stability aspects are appealing. The point of the thread was that in my area it is already rent nuetral, actually it is cheaper to buy, yet I sit. Mostly I think that Bugs’ advice rings in my head, beckoning me to at least wait till the fall or winter, but even then I’m not so sure I will automatically do it. This is the only year in the last twenty that I have rented and I like it, a lot. I have more money than ever before, more invested than ever, yet my income isn’t significantly higher. There are a lot of expenses with owning that I never realized until I stopped. There is also a lot of savings going with a smaller place, the place I’m in is about half the size of the last one I owned and it doesn’t bother me one bit, point is, it will be hard to voluntarily end this party.

[temeculaguy]

Asia, I guess the buy and hold argument or at least the rent stability aspects are appealing. The point of the thread was that in my area it is already rent nuetral, actually it is cheaper to buy, yet I sit. Mostly I think that Bugs’ advice rings in my head, beckoning me to at least wait till the fall or winter, but even then I’m not so sure I will automatically do it. This is the only year in the last twenty that I have rented and I like it, a lot. I have more money than ever before, more invested than ever, yet my income isn’t significantly higher. There are a lot of expenses with owning that I never realized until I stopped. There is also a lot of savings going with a smaller place, the place I’m in is about half the size of the last one I owned and it doesn’t bother me one bit, point is, it will be hard to voluntarily end this party.

[temeculaguy]

Asia, I guess the buy and hold argument or at least the rent stability aspects are appealing. The point of the thread was that in my area it is already rent nuetral, actually it is cheaper to buy, yet I sit. Mostly I think that Bugs’ advice rings in my head, beckoning me to at least wait till the fall or winter, but even then I’m not so sure I will automatically do it. This is the only year in the last twenty that I have rented and I like it, a lot. I have more money than ever before, more invested than ever, yet my income isn’t significantly higher. There are a lot of expenses with owning that I never realized until I stopped. There is also a lot of savings going with a smaller place, the place I’m in is about half the size of the last one I owned and it doesn’t bother me one bit, point is, it will be hard to voluntarily end this party.

[Author]

Posts