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About 3 years ago, I rented a cute little bungalow. It had tons of charm, and it was my first home that was all "mine." I fell completely in love with it, and it pained me to be unable to tinker with it. (I enjoy putzing around with small home improvement projects, and this place could certainly have used some of that.) My landlord had the place on the market, and I was desperate to buy it and truly make it my own. Buying a house had not even been on my radar at that point, but I loved that house so much that I needed it to be mine.
In the end, the owner was completely unwilling to budge on his unrealistic asking price, and I would up buying a significantly larger home with far fewer "issues" just a couple of blocks away from the house I was renting. The owner moved back in after my lease was up and kept the property on the market for about a year. He never did get his price, and he has since pulled it off the market and appears to be staying.
TL;DR: Yes I loved my rental, but probably only because I thought there was a chance I could buy it and keep it for myself.
Most so called "homeowners" in America are nothing else then mortgage debt slaves.
They rent a house from the Bank and are responsible for maintance and upkeep as well.
Unless you paid cash for your house you are just another renter....the worst kind I would add.
oh absolutely.
My first apartment i lived there for 4 years, loved it. The Ll took 15 dollars off the rent for me mowing the lawn. I was young so it was cool.
My second apartment i lived in for another 4 years, i also loved as well and made it my own...
Most so called "homeowners" in America are nothing else then mortgage debt slaves.
They rent a house from the Bank and are responsible for maintance and upkeep as well.
Unless you paid cash for your house you are just another renter....the worst kind I would add.
Well a renter doesn't build equity and a "mortgage debt slave" does. You could rent a house for 30 years and still own nothing. But if you pay for mortgage for 30 years you own your house outright. And you can't get a tax write off on your rental payment. And when you take out a mortgage you lock in a payment for the next 30 years. Do you think your rental payment will be the same in 30 years? Renting is a fool's paradise.
Problem with renters loving it like its theirs is, they think it's theirs. They start making "improvements" without asking and also fail to notify of problems. It's passive aggressive, not up to them to decide how to handle the plumbing issues, the landlord decides. We have a personal plumber who does it right.
One tenant threatened us about ever wanting to move in to our own house because he was a good tenant and I guess we owe him lifelong tenancy even if we needed the house to live ourselves. One tenant moved people in and didn't think she had to notify because she was long term and she also cut a tree without asking, it damaged a fence. These people brag about paying the rent every month and not trashing the place like they deserve to own the house because of it. It's rent not a mortgage. All of the tenants were/are month to month, tenancy at will. Weird ownership issues.
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