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Reply to "What if we just rent for the long haul..."
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[quote=Anonymous]We recently moved from NYC (renters) to a pricey suburb in a large city (not DC) where there is NO inventory. The homes that are even on the market are overpriced and/or need so much work/something wrong with them (no garage, busy street, etc). We are currently renting a SFH while we save more money for a down payment. DH just said to me, what if we just rent for the long haul and ride out the market as long as we can? It just seems like renting in our area is looked down upon... do I just need to get over that? We are trying to make some friends out here, but the people we meet seem very into where we are looking to buy, who our realtor is, etc. Why is renting so frowned upon?? Maybe we just need to make new friends? :? [/quote]
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