Not off topic- is renting addictive?

[TuVu]

We always rented till 1986/87 (can’t remember; senior moment) when we got a really good deal and bought. Sold it in 1996 for $50K more than we paid. We were in hog heaven about that and when I hear about the last downturn being in the early, mid-90s, I am puzzled. I don’t remember anything about that in the mainstream media (not surprising, I guess). Internet was really not available to the masses at that point.

Rented a really nice place (apt.) for 11 years, but what really bugged us was property mgmt found an excuse to come into our apt. at least twice a month (check smoke detectors, change the A/C filter–like we couldn’t do that simple thing ourselves). I’m really big on privacy issues. We weren’t operating a meth lab, growing marijuana, etc. Middle class, middle age.

[CA renter]

AN,

No, probably would buy at that point. 🙂

I’m a big-time deflationist, and think things will be getting very bad over the next few years. If something should sway my opinion, and if it looks like the economy is going to get stronger (more stable, better paying jobs for the majority of Americans), then I would jump on the chance to buy…especially if rents are higher than PITI payments.

[CA renter]

AN,

No, probably would buy at that point. 🙂

I’m a big-time deflationist, and think things will be getting very bad over the next few years. If something should sway my opinion, and if it looks like the economy is going to get stronger (more stable, better paying jobs for the majority of Americans), then I would jump on the chance to buy…especially if rents are higher than PITI payments.

[CA renter]

AN,

No, probably would buy at that point. 🙂

I’m a big-time deflationist, and think things will be getting very bad over the next few years. If something should sway my opinion, and if it looks like the economy is going to get stronger (more stable, better paying jobs for the majority of Americans), then I would jump on the chance to buy…especially if rents are higher than PITI payments.

[CA renter]

AN,

No, probably would buy at that point. 🙂

I’m a big-time deflationist, and think things will be getting very bad over the next few years. If something should sway my opinion, and if it looks like the economy is going to get stronger (more stable, better paying jobs for the majority of Americans), then I would jump on the chance to buy…especially if rents are higher than PITI payments.

[CA renter]

AN,

No, probably would buy at that point. 🙂

I’m a big-time deflationist, and think things will be getting very bad over the next few years. If something should sway my opinion, and if it looks like the economy is going to get stronger (more stable, better paying jobs for the majority of Americans), then I would jump on the chance to buy…especially if rents are higher than PITI payments.

[mixxalot]

They fix it when it breaks

Nice thing about renting is that when something major breaks in my apartment like plumbing or the heater it costs me nothing to get it repaired or replaced. Heck this week they replaced my broken screen door for free and do clean my carpets every year for free that I renew my lease.

Homes are VERY EXPENSIVE to maintain especially when a major issue comes up. Most folks fail to see this until after the fact and with the major cash outlay just to get into a home, it is a lot more to buy than rent. At least until prices drop enough where its about the same cost to buy versus rent but I do not see this for at least a couple more years.

[mixxalot]

They fix it when it breaks

Nice thing about renting is that when something major breaks in my apartment like plumbing or the heater it costs me nothing to get it repaired or replaced. Heck this week they replaced my broken screen door for free and do clean my carpets every year for free that I renew my lease.

Homes are VERY EXPENSIVE to maintain especially when a major issue comes up. Most folks fail to see this until after the fact and with the major cash outlay just to get into a home, it is a lot more to buy than rent. At least until prices drop enough where its about the same cost to buy versus rent but I do not see this for at least a couple more years.

[mixxalot]

They fix it when it breaks

Nice thing about renting is that when something major breaks in my apartment like plumbing or the heater it costs me nothing to get it repaired or replaced. Heck this week they replaced my broken screen door for free and do clean my carpets every year for free that I renew my lease.

Homes are VERY EXPENSIVE to maintain especially when a major issue comes up. Most folks fail to see this until after the fact and with the major cash outlay just to get into a home, it is a lot more to buy than rent. At least until prices drop enough where its about the same cost to buy versus rent but I do not see this for at least a couple more years.

[mixxalot]

They fix it when it breaks

Nice thing about renting is that when something major breaks in my apartment like plumbing or the heater it costs me nothing to get it repaired or replaced. Heck this week they replaced my broken screen door for free and do clean my carpets every year for free that I renew my lease.

Homes are VERY EXPENSIVE to maintain especially when a major issue comes up. Most folks fail to see this until after the fact and with the major cash outlay just to get into a home, it is a lot more to buy than rent. At least until prices drop enough where its about the same cost to buy versus rent but I do not see this for at least a couple more years.

[mixxalot]

They fix it when it breaks

Nice thing about renting is that when something major breaks in my apartment like plumbing or the heater it costs me nothing to get it repaired or replaced. Heck this week they replaced my broken screen door for free and do clean my carpets every year for free that I renew my lease.

Homes are VERY EXPENSIVE to maintain especially when a major issue comes up. Most folks fail to see this until after the fact and with the major cash outlay just to get into a home, it is a lot more to buy than rent. At least until prices drop enough where its about the same cost to buy versus rent but I do not see this for at least a couple more years.

[Author]

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