Reply to What do you think of people who don't own a house/condo/townhouse etc?

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Reply to "What do you think of people who don't own a house/condo/townhouse etc?"

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[quote=Anonymous][quote=Anonymous]OP here - Not entirely clear why this turned into a discussion of my personal life. Rest assured I have one.

And in terms of why I ask or care, it's bc I've gotten snarky comments from people lately about my choice to rent a 1 bedroom and not buy at least a townhome; a few comments have been from random people - say someone I just met at a party, so it was like who cares. But a few have been from friends. [b]Moved here from NYC 4 yrs ago and people in NYC tend not to ask if you rent/own/want to own. [/b]So I don't know if this is another area of DC snark where people feel superior in their financial knowledge and their net worth bc they own and assume you don't own bc you can't afford it.[/quote]

It's more acceptable to be a high earner and rent in NYC.  Owning is expensive in NY and not always a good move financially.  Here's it's different.  Often times rent is the same if not more than a mortgage on a comparable property.  If you don't own here people assume you're either transient or can't save up for a down payment.

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