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freak80
@
2012 Mar 13, 2:36am
What's the problem with renting? Banks don't get their interest income; Realtors don't get their commission.
That's just plain un-American.
What's the problem with renting? Banks don't get their interest income; Realtors don't get their comission.
That's just plain un-American.
I agree with you. So, we either become a landlord or just play sheeple, right? (maybe both)
No problem at all if it is the best thing for you. I have been renting the last 6 years even though I own rental properties in a different area. The cost of renting vs buying in my area is nuts. But I put the difference in the bank which is where most people fall down.
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Unless you assume the housing price and/or rent will be going up quickly, I do not see the drawbacks of renting from a FINANCIAL point of view. However, I understand people have their own situations so discussions are welcomed here.
#housing