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Reply to "If you didn’t like anything you could afford..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We kept renting and socking away money. It will either be a down payment on a place someday or somewhere else, or it will boost our retirement savings. In the meantime, we live in an area with a school that works for our kids and an easy commute. I'm willing to compromise, but only so much. [/quote] Part of the reason people settle is because the [b]rentals are usually woefully outdated, poorly maintained and still very expensive[/b]. If you have been able to find a rental that you like more than what's for sale, with an affordable price, then hold on tight. [/quote] Yup. Around here it's extremely unlikely that the rent on a place is going to be a lot less than the mortgage would be for the same situation. So why not actually benefit from the remarkable appreciation homes around here typically enjoy while living in a shit shack, if you're going to be living in one either way? [/quote] Not PP but we pay $2500 per month for a 1350 square foot apartment with two bedrooms, two baths, and a den (with a window and closet and door, so could be a third bedroom, but we mainly use it as a guestroom / den), zoned for Murch/Deal/Wilson. These places exist, they just aren't the fancy new buildings is the hot neighborhoods. We're holding on tight like PP.[/quote]
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