Reply to Validate my view that long-term renting is a valid lifestyle choice

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Reply to "Validate my view that long-term renting is a valid lifestyle choice"

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[quote=Anonymous][quote=Anonymous]I loved renting but there were downsides. The rising rent and needing to move if lease isn’t renewed. [b] I rented SFHs and townhouses that we’re usually owned by individuals[/b] so twice was told my lease want being renewed because they were selling. I can’t handle the instability anymore now that I have kids. I need to know that I’ll be staying in my school district and like knowing how much mortgage is. [/quote]

Not AT ALL what OP is talking about. This is why rent vs. buy discussions are usually so banal, because they rarely compare apples to apples. If the choice is to rent a luxury apartment or buy a luxury condo, then it makes no sense to bring random SFH rentals into the equation.

Also, you must not be in DC. DC tenant laws protect renters from having the property sold out from under them. DC actually has some of the strongest tenant laws in the country, which is why I will never be a landlord here. Stick to the burbs if you want the ability to screw over your tenants.[/quote]

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