Lately I've been talking to some very financially savvy friends and reading a bit about why it's advantageous to rent rather than own your home. Here's an insightful and funny post about the issue that I stumbled across. I haven't completely changed my mind, but it has given me some things to think about. And made me think "crap, what else could I call my blog??" if I change my mind.
Any other committed renters out there want to chime in? Or any owners want to remind me of the benefits of ownership?
A happy renter here! :-) People keep urging us to buy, saying we are "throwing" away money in rent, but seeing the housing market crumble has scared us. Also I like that I don't have to mow lawns or shovel the path. The maintenance folks help fix anything that goes wrong. Free pool, tennis courts and fitness center. :-) Have I convinced you to change the name of the blog?
ReplyDeleteThe only thing is when you're old and retired... isn't property tax cheaper than rent?
ReplyDelete"Jessica is awesome" would be a good name for this blog. Or "Jeccisa is aweasome" which is how I originally typed that. I got too much sleep last night or something.
I am a happy renter and will continue to rent until I feel the time is right for me to buy a house. I will not be rushed into it by friends, family, age, co-workers...society. When the time comes I will be ready.
ReplyDeleteDon't change the name! Just be you. And if that means renting and not buying until after you are 30... oh well!
ReplyDeleteI like the new theme of your blog.
ReplyDeleteI would like to say that from the perspective of a busy creative professional with future travel and possible relocation on my mind I am currently far more at ease with renting. I am certainly not a nomad but I do find myself feeling far "lighter" without a property that must be maintained and then sold once I have decided to move on. On the other hand I would imagine it would feel nice to know you own your property and have far more creative freedom with it. That said I would consider owning in the future, and to echo what Broke said earlier "When the time comes..." BTW: I have been here for only a few minutes and I am struck by how honest, simple, and involved you are with this blog. Thanks.
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