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Real Estate
Reply to "Is the delta between renting & owning now so high that it really just makes sense to rent?"
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[quote=Anonymous]It's always going to be location dependent. There is not obvious answer that will be true across the country. The answer is different in Silicon Valley, DC, NYC, Chicago, Phoenix, Austin, and Minneapolis. These cities have different costs of living, different housing demands, different housing stock, etc. You just have to compare the costs in the place where you live, and decide what makes the most sense for you. Or even better, seek out a location that enables you to do the thing you want to do. For instance, if I was just starting out and buying a home was very important to me, I would probably not move to Silicon Valley (unless I had some hug $$$ FANG job that enabled me to buy regardless) because I wouldn't be able to accomplish my goal. You just have to make these decisions on a personal level.[/quote]
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