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Reply to "What are some things that others think are desirable that you actively do not want? "
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[quote=Anonymous]Most goods. I'm surprised people still keep buying things when closets are already full. Right now buying a home, any home, even condo. I'm being asked when I'm going to buy a condo instead of renting. I did the math on buying vs renting in the building I'm interested in and currently live. I cannot predict the future for sure, but I have owned and rented in the building, and moved and come back, and kept an eye on prices for the last 20 years. If I was to rent a 2-bedroom, I'd end up with ca 3 million dollars after 30 years. If I were to buy the same condo at today's price and interest rate, I'd end up with the condo that is worth million bucks. There are many, many other things that point to renting being a better deal in this case. I know why people buy but that's a lot of money to forgo. I already bought three times and then later discovered that not buying or renting would have been a much better deal. It's the math.[/quote]
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