Quote:
Originally Posted by DamageX
Not even close. If you buy a house, live in it for one year and then sell it and move, you'd probably still lose less than the money you pissed away on rent during that time. Assuming, of course, that prices keep going down, but there's no huge real estate crash.
|
I have lived in 4 houses in the last 7 years no way I would be ahead of the game if I had purchased instead of renting. And who knows what house I would still be stuck in if it didn't sell when I was ready to move. Closing costs, real estate commissions, minor repairs, I just don't see it if you aren't there for at least X amount of years.
.