Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Metropolitan New York City
Reply to "Private school but rent?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]We own but it pains my husband (finance guy) since the money could be doing better in the market. We think the renters are pretty smart! We wanted a prewar place in a co-op west of Lex and you can’t really rent those. You also tend to need several times the purchase price of those apartments in cash to make it through the board process which may also make some people gun shy on buying. We were only able to make that work with help from family. Lots of people are getting help with down payments (not to mention private school tuition, hence the dog and pony show for “Grandparents Day”) so no shame in the renting game…. You do what works for your family.[/quote] +1. Also some people don’t want to be in NYC their whole lives. So they rent for 4-6 years rather than tying up their assets in real estate and having to pay the transaction costs if they sell. Being so narrow minded as to judge someone because they rent is pretty dumb. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
