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awoke_in_2003

(34,582 posts)

2. And I will live in none of those places...

Reply to steve2470 (Original post)

Thu Aug 27, 2015, 05:35 PM

Aug 2015

you get nothing but temporary housing when you rent. At the end of the contract you have nothing to show for it. I flushed money down the toilet for too many years to do it again.

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10 places where renting a home beats buying [View all] steve2470 Aug 2015 OP

I live in Suffolk County, and renting is no bargain, either... TreasonousBastard Aug 2015 #1

And I will live in none of those places... awoke_in_2003 Aug 2015 #2

Yep... GummyBearz Aug 2015 #3

If you're only going to stay in a place a few years, renting is probably better Art_from_Ark Aug 2015 #5

Yes, if you're doing it just for the tax deduction Lydia Leftcoast Aug 2015 #8

Is that a deduction from your taxes, Art_from_Ark Aug 2015 #9

It's a deduction from your taxable income Lydia Leftcoast Aug 2015 #11

Good points... awoke_in_2003 Aug 2015 #10

How about "you've had shelter for that year"? Recursion Aug 2015 #6

I don't consider my rent money (which puts a roof over my head) Lydia Leftcoast Aug 2015 #12

I'm not convinced monetizing housing is good thing. hunter Aug 2015 #4

Or anyplace else you don't want the responsibility of home ownership. KentuckyWoman Aug 2015 #7

I lived in a neighborhood where most homes were rentals. Throd Aug 2015 #13

Point well taken. KentuckyWoman Aug 2015 #15

Well, at least you're self aware. kcr Aug 2015 #16

i have looked at seattle denver and portland and came to that conclusion, lol. thanks. nt seabeyond Aug 2015 #14

rent is high in LA Liberal_in_LA Aug 2015 #17

Much cheaper to rent where I live (los angeles) taught_me_patience Aug 2015 #18