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> You very much need to find an owner or tenant when you move out. Further, someone needed to pay to find you when you move in But this is true whether you buy
by JamesBarney 8y ago
> You very much need to find an owner or tenant when you move out. Further, someone needed to pay to find you when you move in
But this is true whether you buy to occupy or rent.
> Move every 3-5 years and home ownership is really expensive.
I'm not sure that landlords own homes for significantly longer than buyers.
- Retric 8y agoLandlords sell property far less than people move. Remember, you are arguing home ownership as a strictly better deal for everyone “always a better deal” which would include people who move regularly.
- JamesBarney 8y ago> Averaged over all 13 data points in the figure, the average expected length of stay in a single-family home is 11.4 years for first-time buyers, and 14.8 years for buyers who have owned a home before. I'm not sure how long the average landlord owns a rental property but I would be incredibly surprised if it was longer than this.