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Reply to "Renting vs Buying in this current market"
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[quote=Anonymous]I am in the NYC area. Regardless, we’ve decided to rent for now. We pay a set amount and have a comfortable and nice place to live, no worries about renovating or hidden costs, don’t pay property taxes, and can be nimble if need be since leases run 12-14 months. We are years away from being concerned about schools (also a conviction of mine to send to neighborhood public elementary if at all possible) and are saving in the background for when the time is right. I think when we purchase we will move out of the area entirely — the suburbs here don’t appeal to us, and I don’t see us raising a family in the city. [/quote]
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