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Reply to "Renting vs Buying in this current market"
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[quote=Anonymous]Renting is a great option for many people. Not everyone wants to be a homeowner. And renting in DC offers a number of protections that don’t exist in MD and VA, including caps on rent increases. I rented for 18 mos after selling in 2018. I loved that period of not being a homeowner. Ultimately buying again was the right decision as I’m in VA and rent increases are not capped. The place I rented is now $500 more than I was paying when I left in 2018. My mortgage is less than my rent.[/quote]
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