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Real Estate
Reply to "Question for renters..Aren't you tired of paying someone's mortgage?"
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[quote=Anonymous]While I do look forward to one day having my own home and having our money go towards that every month, we're not there yet. We're still paying off student loans and still collecting our down payment. We also are open to moving abroad, or to Boston, in a couple years - that's about when our down payment should be ready, so we'll either use it to buy a home here or invest it when the time comes. In the meantime, I can take my $1700/month to rent a tiny 2 bedroom in the far out burbs and face 10-15% annual rent hikes from a major property management company OR I can cover my landlord's monthly mortgage + condo fees and have a stable-ish rent for years in a larger unit than we would otherwise be able to afford. Pretty easy decision for us. Renting directly from owners has been my best rental experience, by far![/quote]
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