Quote:
Originally Posted by hayden55
How doomer of you.
Honestly to me, the only way renting makes sense is if you love to move a lot and don't know what to do with your hands, can't save a dollar for the life of you, or homes in your area are like $1000/sqft. But the majority of the time if you want to live in a stable area for 5 years like a mid-size city it makes sense to buy a home and get a roommate.
I'm good with those opinions though it drives a lot of people out of the market. Buying a house is already getting competitive with the 3.5% down loans the government is offering lol.
Having my 2.75% home loan and seeing inflation was 7.5% does help as well.
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Buying makes sense for most people. But if you can't buy it's not the end of the world. I can't buy a house in my area, even though I've been wanting to for the past 15 years. But everytime I get enough for a down payment prices go up. Now it's just impossible. So I'll continue to rent here until I can't afford it and then I'll have to move somewhere else.
https://www.nbcnews.com/news/us-news...kers-rcna17970
EDIT: I wonder if the housing bubble is starting to pop. I found a place for just under $200K, which is something I could afford.
https://www.realtor.com/realestatean...0_M25916-81172