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Picklebobble · 56-60, M
Renting is what we call 'dead money."
It's expensive; you're often a week or month in advance; repairs are always delayed; landlords rarely have adequate insurance for either building or property.
And at any given moment, you can be asked to leave ! And you have the same problems all over again !
It's expensive; you're often a week or month in advance; repairs are always delayed; landlords rarely have adequate insurance for either building or property.
And at any given moment, you can be asked to leave ! And you have the same problems all over again !
Sadwithasmile · 22-25, M
buy, because its urs and basically its actually worth something. when u rent u basically can get kicked out, get restricted on projects, have a bitchy land lord ect
MrsKatherineArch · 41-45, F
I bought a house because I was tired of throwing my money away every month on an apartment with far too many neighbors.
SW-User
Buy if I can.
Firstly other than interest changes your payment is fixed, ie the capital is fixed. Rents will increase after say five years your mortgage will look cheaper to comparable rents.
After all you end up owning the house. I'm in that fortune position, ok I have too pay for all maintenance etc but I have a lot of flexibility around work and retirement as I don't have to worry about increasing rents.
Firstly other than interest changes your payment is fixed, ie the capital is fixed. Rents will increase after say five years your mortgage will look cheaper to comparable rents.
After all you end up owning the house. I'm in that fortune position, ok I have too pay for all maintenance etc but I have a lot of flexibility around work and retirement as I don't have to worry about increasing rents.
livesincar · 41-45, M
Buy if you are certain you are where you want to be. You can get mortgage cheaper than rent,rent a room to someone,or sell it later. Lots of cheap fixer uppers and then you own it. Paying rent has gotten ridiculously high and stingy. You just making other people whom are probably already well off richer.
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nedkelly · 61-69, M
I OWN MY HOME, and cannot be told what to do