My buddy owns a business but he does not own a home. What are your thoughts?

[vision33r]

Renting is better than buying for him anyways in his situation. I would do the same if I ain't got any dependents.

[McaVacationDivas]

Originally Posted by luzianne

Owning a home doesn't matter. If money were no object, I would like not owning a home and enjoy living wherever I liked and being able to move when I felt like it. If my net worth were $5 to $8 million, I wouldn't want to be tied to a home.

AaaaaaaYyyyyeeee Mennnnnn!!

[McaVacationDivas]

Originally Posted by mathjak107

folks are mis-ingformed and think backwards.

owning a home does not make you wealthy or successful.

being wealthy or succesful lets you own a home if you want.

[PortCharlotteNewbie]

It's interesting that everyone is using the term "home owner" as though not owning a house means you are homeless. The gentleman is a home owner. He has a home. A house is a building. It might be a home. It might house a business.
Many times a house owns you, not the other way around. It's a capital asset that ties you to a place.

[Sarahsez]

I can see his point Everything you own just becomes another responsibility or something else to care for. If he is happy not owning a home, then there is no reason for him to own one. Everyone has different values.