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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]I rent instead of buying because I am concerned about the cost of maintenance for a home, given my income. Also, because prices are so high, it feels like a very risky investment. I plan to move in ten years. I fear (and for the good of all, hope) that housing prices will go down in ten years, and that I will end up underwater. Right now renting is more affordable for me. But to the pp, who pointed out that rents go up while mortgages stay the same, your point is well taken. This does not, however, take into account maintenance costs each year. [/quote]
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