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Metropolitan New York City
Reply to "Private school but rent?"
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[quote=Anonymous]Own. Had some family money to help with down payment on first apartment and have bought and sold my way up a few times as salary increased. Public K-8 and private for HS. Best way to go in NYC. Really not that hard to buy in a good public school zone. Or really not that hard to rent in a public school zone long enough to get kids into the school then you can move wherever you want. Pros and cons of owning but generally glad we own. 3% mortgage makes the math work - nice use of leverage. Not sure how I would feel now with much higher rates. Co-op board is a hot mess which is annoying. But have been here 10+ years and plan to be here much longer and love our location, so it works for us. Gut renovated when we moved in - miserable process but really made it our own. We don't like change - moving is miserable.[/quote]
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