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Owning > Renting your home. Changed my mind.
08-20-2018, 09:00 AM
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#151
- MattyMiscer
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- MattyMiscer
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Originally Posted By Murph0408⏩
The arguments for renting are:i never saw the appeal in choosing to rent when you can actually afford to own. my mortgage plus taxes plus heat/AC is still less than rent would be in the area i live. throw in the fact that i have a large dog and my rent would be 2k per month easily for a crappy place
-ease of moving
-maintenance included
-no lawn to mow
-cheaper access to good locations
That being said, I think the benefits of owning outweigh those of renting
And relief washes over me in an awesome wave
08-20-2018, 07:41 PM
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#152
- Jasonw1178
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- Jasonw1178
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Originally Posted By Xinroth⏩
What sucks about apartments especially in the ATL area is that unless you overpay, you end up in the section 8 zone. They may not be section 8, but you have people who are getting assistance and they are almost as bad as the section 8 people. So, you have to pay an too much so you can get away from that, and by this point, you might as well just buy.To give you an idea of price changes 10 miles North of Atlanta:
In 2010 I moved to the US, my family was living in a 2 b/bath apartment $775 excluding utilities. Ijustlooked at the same apartment complex.. the same exact apartment is going for $1420... excluding utilitiesholy ****
1000 sq ft Apartment i was living in 3 years ago west of Atlanta was $725/month.. I just looked it up, it's being rented for $1100 now. 3 ****ing years it is 1.5x the rent.
In 2010 I moved to the US, my family was living in a 2 b/bath apartment $775 excluding utilities. Ijustlooked at the same apartment complex.. the same exact apartment is going for $1420... excluding utilitiesholy ****
1000 sq ft Apartment i was living in 3 years ago west of Atlanta was $725/month.. I just looked it up, it's being rented for $1100 now. 3 ****ing years it is 1.5x the rent.
My girl and I got an apartment in Villa Rica, GA and when we first moved in it was a nice place, rent was in the mid 600's. We moved when it got over 800. Just looked it up, $1,026/mo for a 2br.
08-20-2018, 08:14 PM
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#153
- DieselRobert1
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- DieselRobert1
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Strong non home owning cope in this thread.
"it's cheaper"
"no upkeep"
cope allllll around.
"it's cheaper"
"no upkeep"
cope allllll around.
08-20-2018, 08:21 PM
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#154
08-20-2018, 08:23 PM
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#155
- FreedomPenguin
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- FreedomPenguin
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Originally Posted By mudrock⏩
I lived in key largo Florida for 17 years, my dad had a beach home. $$$$ millions. apartments are a million dollars there.i would only own if i lived right on the beach and that's never happening.
Former
*Combat veteran crew*
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*Chocobo crew*
08-20-2018, 08:28 PM
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#156
- TacticalTaco
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- TacticalTaco
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Brb 5 bed split level 2000sqft newly remodeled house with a banging yard 10 mins from downtown Atlanta, Mortgage with utilities is $1,200 a month.
Equity is sitting at $90k
Just lmao @ renting
Equity is sitting at $90k
Just lmao @ renting
08-20-2018, 08:45 PM
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#157
Originally Posted By Frank
Renting is cheaper than owning and you will get far more wealthy investing the difference than you will sitting stuck in one place for the next 10+ years paying interest to the banks who are gifted money out of thin air lol. Now if you're buying and having someone pay the mortgage that is a different story. And just lol at comparing housing/shelter costs to food or gasis paying rent a good investment? Is buying gas, or groceries a good investment?
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