Renting is not better than buying

[JWM in SD]

JWM in SD

Hey PB, why don’t you give this a guy a loan for the overvalued house he so desparately wants because he has been renting for “…7 years”? That way, he can buy when there is still another 50% worth of decline in the market. Why throw away your money on rent when you can throw it away on an inflated mortgage right? After all, if he defaults later on, he can just call these guys to help:
http://youwalkaway.com/

[an]

Alex, renting wasn’t better than buying in 2000.

[an]

Alex, renting wasn’t better than buying in 2000.

[an]

Alex, renting wasn’t better than buying in 2000.

[an]

Alex, renting wasn’t better than buying in 2000.

[an]

Alex, renting wasn’t better than buying in 2000.

[DWCAP]

Alex,

I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.

[DWCAP]

Alex,

I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.

[DWCAP]

Alex,

I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.

[DWCAP]

Alex,

I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.

[DWCAP]

Alex,

I dont share the same venom that some of the other posters do. However I have to say that I dont agree with your argument. Think of how much you have paid in food over those 7 years. Thousands upon thousands of dollars and yet you have little to nothing to show for that either. You have “disposed” of that food in only a day or two’s time and it is all gone, needing you to buy more and more. Why? Food is a necessity, same as housing. You have to live somewhere, and you have to eat something. It isnt like you had a choice between renting, buying, or doing nothing. It is rent, or buy. You cant buy, so you rent. If owning a house is that important to you, move. Go to the midwest where a house can cost less than $100000. If you have been smart and saving and investing, you should be in hog heaven. If you havn’t and are just complaining because whatever career you have fallen into isnt supporting the lifestyle you feel you deserve, please see the first response on this page.

[lendingbubblecontinues]

Alex_angel: needed us to explain to him what the abbreviation “WSJ” meant just last year (again, Alex, it stands for Wall Street Journal)

This is not the guy to listen to for advice on financial matters.

DWCAP- I enjoyed the food analogy.

[lendingbubblecontinues]

Alex_angel: needed us to explain to him what the abbreviation “WSJ” meant just last year (again, Alex, it stands for Wall Street Journal)

This is not the guy to listen to for advice on financial matters.

DWCAP- I enjoyed the food analogy.

[lendingbubblecontinues]

Alex_angel: needed us to explain to him what the abbreviation “WSJ” meant just last year (again, Alex, it stands for Wall Street Journal)

This is not the guy to listen to for advice on financial matters.

DWCAP- I enjoyed the food analogy.

[lendingbubblecontinues]

Alex_angel: needed us to explain to him what the abbreviation “WSJ” meant just last year (again, Alex, it stands for Wall Street Journal)

This is not the guy to listen to for advice on financial matters.

DWCAP- I enjoyed the food analogy.

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