3 ms·
Hi! I'm readthenotes. I preferred renting for ease of mobility and avoiding buying during a housing bubble. In my area, there is significant financial friction
by readthenotes1 2y ago
Hi! I'm readthenotes. I preferred renting for ease of mobility and avoiding buying during a housing bubble.
In my area, there is significant financial friction in house transactions. It takes living in the house at least 2 years to soak those costs (having done it twice).
In one of those houses, I got another year with two 6 month rentals, both to people relocating who didn't want to be forced to buy immediately (I believe the first person wanted to save up money before buying his Permanent home and the other just wanted time to get used to the new city).
In my own rental situation, I thoroughly enjoyed the flexibility of a low friction end to my residence.
We will probably never meet in person, but I believe there are plenty like me.