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I'm with you and need someone smarter to make a better argument against renting than I can formulate on my own. All What I was taught: Renting is often times o

I'm with you and need someone smarter to make a better argument against renting than I can formulate on my own. All What I was taught: Renting is often times optimal, totally fine, the right choice for a lot of people! What my experience has taught me: Renting is for suckers or the incredibly wealthy that want to be able to move to a new city on a whim. I was a sucker for many years, and paid a very rich man 100k+ for the luxury of paying down his mortage. Never again.

zfdrdg 9y ago
The point is, you've got to think it through and see if it's a good deal for you or not. Right now I own a house worth about 400k. If I rented and put that 400k in stocks history says I'd probably make on average almost 20k per year above inflation. Plus the landlord would pay the 4k property taxes and the new roof ill be doing next year. In my area I could easily rent a similar house for 20k per year. So in my case with the market the way it is right now I might be better off renting.