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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][quote=Anonymous][b]You believe you are entitled to a nice home in the right place, but you can't afford it[/b]. So you rent. It's just like leasing a car or buying shoes on credit. You want something you can't afford. I did live in a part of town I didn't want to live in, in an apartment I didn't like for years - while I saved money for a downpayment. I could have rented a fabulous place for much more, but then I would still be renting. If you are truly renting to save money and investing the rest (as PPs suggest), that's great. But I think many people are simply renting because it's a way to live beyond their means. [/quote] You are making quite a few assumptions, projecting your own experience on to someone else. Not everyone has to do what you did to make the decision that's right for them. [/quote]
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