Author Topic: renters for life  (Read 1034 times)

letsdoit

  • Bristles
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  • Posts: 410
renters for life
« on: September 05, 2018, 10:07:29 AM »
https://www.gocurrycracker.com/renters-for-life/


has anyone looked at this article?  the logic of the opportun cost makes sense, but sometimes it seems that they started with the answer and worked backwards

dougstash

  • 5 O'Clock Shadow
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  • Posts: 63
  • Age: 26
  • Location: Pittsburgh
Re: renters for life
« Reply #1 on: September 05, 2018, 05:28:53 PM »
I've read that post awhile back.  In my humble opinion rent is not always the clear winner.   Where I live a decent two bedroom apartment typically runs just south of $1000 but new "luxury" apartments can run higher than 1500+ utilities for a studio.  Decent houses can be had for much less and the opportunity cost for rent greatly exceeds buying especially after said house is paid for. Rent is flexible however; that's why I'm paying more for it now (625+ all utilities for a outdated house with a wet/leaky basement) even though I can finance a comparable one for around half that.  My heart isn't really set on one area so I'll be renting for now with my freedom to pack up and leave after the lease is up.   no "need to sell" headaches

letsdoit

  • Bristles
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  • Posts: 410
Re: renters for life
« Reply #2 on: September 06, 2018, 07:01:38 AM »
where i am people get screwed by big landlords.  it is the bane of their existence