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Reply to "Do you know people who have money but aren't buying a home?"
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[quote=Anonymous]I could very well be one of the people you're talking about. In my case, I've decided not to buy a house as I enjoy having the ability to relocate, even if it's within the same general region. I've lived in major cities where a change in job may only add an additional 5 miles to my commute, but that may translate into an extra hour. I've moved because of changes in interests and needs as a family. I hope that we will be relocating to my hometown in the next 2-3 years, so now I'm hoping to just stay put until then. There are definite benefits to not owning - we are so busy that the DIY projects, gardens, roof repairs, etc just suck the little fun time we have away. Instead we have a very spacious town home, great maintenance and super, nice neighbors, and a cute little community vibe. If we move back home, we will be buying a house largely because renting is not so abundant, commutes are easy, and we will likely be staying for several years. [/quote]
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