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Real Estate
Reply to "Question for renters..Aren't you tired of paying someone's mortgage?"
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[quote=Anonymous]I'm glad that more people are renting. Especially in a transient area like DC. People have learned that you can't count on appreciation to cover your transaction costs when you need to sell to either upgrade to a different place in this area or to move away. Those days are over. Yes, rent is getting pretty expensive around here and I wish every new building going up was not luxury, but renting is still a better deal especially for younger people who are not going to be in a house for more than 5 years.[/quote]
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