Reply to Validate my view that long-term renting is a valid lifestyle choice

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Reply to "Validate my view that long-term renting is a valid lifestyle choice"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm really not aure what the right answer is, keep renting for the lifestyle or buy somewhere far out and hate it for the sake of security.[/quote]

If you hate it, that's not much security, is it?

I love all the people who think they're going to be able to take it with them, and will suffer for years just so they can have a bigger bank account at the end of life. That's not winning. I'd MUCH rather rent for 20 years in a neighborhood (or series of neighborhoods) that I love, than to buy a crappy place that is nowhere near where I want to be, just for the sake of saying I own something. [/quote]

True but ending up a life long renter can be a recipe for disaster during retirement.  [/quote]

No, being a financial mess is a recipe for disaster. Stop equating renters with people who can't handle their finances. The people who have the means to pay for these luxury rentals are probably not going to be hurting in retirement, whether they have some builder-grade drywall and vinyl siding to call their very own or not.[/quote]

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