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View Poll Results: Are you Buying or Renting?
Buying 8 44.44%
Renting 10 55.56%
Living With Family (Not Renting) 0 0%
Other 0 0%
Voters: 18. You may not vote on this poll

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Old 11-30-2008, 10:27 AM
 
Location: Newtown, Bucks County, Pennsylvania
463 posts, read 973,136 times
Reputation: 253

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I was just curious how many of us live in places we own or are just renting?

I'm renting.
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Old 12-01-2008, 10:59 PM
 
Location: Yeah
3,191 posts, read 3,974,038 times
Reputation: 868
We rent..........we hear it all the time, "blah blah blah, you should invest in a home".

We love to live a carefree lifestyle. My wife has a great career and has the usual Monday through Friday hours, while I have a very strange work schedule, so our time together is extra precious. We love to travel for pleasure and like to just pick up and go. Plus another good example....yesterday she sent me a text saying that the sewer had backed up.................................not our problem. We've had other problems in our year here and it's so nice to know that it's someone elses problem and expense.
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Old 12-02-2008, 08:05 AM
 
Location: york County PA
97 posts, read 240,290 times
Reputation: 25
Buying is the only way too go. Why pay the landlords mortgage? Love the tax benefits
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Old 12-02-2008, 08:10 AM
 
Location: NE PA
7,939 posts, read 9,702,191 times
Reputation: 4272
Quote:
Originally Posted by scottrpriester View Post
We rent..........we hear it all the time, "blah blah blah, you should invest in a home".

We love to live a carefree lifestyle. My wife has a great career and has the usual Monday through Friday hours, while I have a very strange work schedule, so our time together is extra precious. We love to travel for pleasure and like to just pick up and go. Plus another good example....yesterday she sent me a text saying that the sewer had backed up.................................not our problem. We've had other problems in our year here and it's so nice to know that it's someone elses problem and expense.

Sure, but your rent will keep going up, my mortgage payment will always be the same, plus my mortgage payment is an investment in something that I own and will make money on at some point. Your rent payment is doing this for your landlord. My mortgage payment for my house that I bought 6 years ago is already lower than what I would pay to rent a small apartment today.
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Old 12-02-2008, 10:06 AM
 
519 posts, read 1,705,837 times
Reputation: 286
Where I live, it is cheaper for me to buy than to rent. Last year, I bought a nice ranch house and my monthly payment for mortgage, taxes and insurance is $632. The rent alone on a similar house would be about $800.
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Old 12-02-2008, 02:19 PM
 
61 posts, read 123,899 times
Reputation: 20
I'm with Scott.. I like renting.. if something breaks I call the owner.. no lawn work, no maintenance, no raking leaves. i can pick up and leave with a couple months notice. Home is where the heart is.. not the "investment".
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Old 12-02-2008, 09:31 PM
 
Location: Newtown, Bucks County, Pennsylvania
463 posts, read 973,136 times
Reputation: 253
I rent currently, but I'll try to buy once I have an income level that allows be to do so.
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Old 12-03-2008, 07:12 AM
 
Location: Yeah
3,191 posts, read 3,974,038 times
Reputation: 868
Quote:
Originally Posted by PhotoMatt View Post
I'm with Scott.. I like renting.. if something breaks I call the owner.. no lawn work, no maintenance, no raking leaves. i can pick up and leave with a couple months notice. Home is where the heart is.. not the "investment".
We have a beautiful apartment, but one of my goals in life is to see as much of the world as possible, so I could care less about investing hundreds of thousands of dollars in to some castle.
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Old 12-03-2008, 12:43 PM
 
Location: Harrisburg, PA
160 posts, read 403,574 times
Reputation: 69
I am buying, but would really like to be selling soon. I want to downsize -- the townhouse I have now (2-3 bedrooms, 3.5 bathrooms) is just way too big for one person.
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