Reply to is it worth it to buy a house?

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[quote=Anonymous]Part of the reason I continue to be an owner (even when it sometimes seems more expensive) is that I have more control over being able to keep my daughter in the same school district for years at a time.  Stability is important to me, especially now that I have a kid.  I wouldn't necessarily worry about that right now if I were you, but I'd keep it in mind for the future if you have kids.  Some areas with good schools have limited rental options.

Also, in my area, renting and owning come in at about the same cost and you get more for your money owning.  With the equity in my house, I pay about $2,500/month.  For that, I wouldn't be able to rent anything in our current area even remotely comparable to what we have now.  (we have a 4BR SFH - I could rent a nice 2BR apartment.)  And in my case, if I'd been renting for the twelve years I was in my townhouse, I wouldn't have seen my equity grow from $35K to $160K.

If I were you, I'd keep renting until you have young children.  Renting is easy and it's nice to not have to worry about yard maintenance when you're pregnant and prepping for a baby.  And babies/toddlers don't care that you don't have a yard.[/quote]

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