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Real Estate
Reply to "Is living in a condo considered a failure?"
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[quote=Anonymous]Not all people are house people. I grew up on a farm and find nothing special about my owning a house, green spaces, and even animals. I don't even want to take care of a plant. Make sure you invest the difference you save living in condo. It should make you feel better. I'm renting right now after owning two condos. Had to sell because we moved. I'm asked all the time why I'm not buying. The question comes from the people who haven't done the math and believe owning is always better than renting. I did the math. Even 30 years of paying rent wouldn't make it up. The difference actually gets bigger favoring renting. May 12th one of my investment accounts was $98k. One week later it was $123k. Few people see what one gives up by buying.[/quote]
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