Re:Why California is so expensive: It’s not just the weather...
by dmix on Tuesday July 19, 2016 @05:24PM
(#12125032)
I'd personally invest money in businesses or building businesses. IMO real estate is for people without specialized technical talent (outside of handyman style work) or lots of extra cash needing a safe place to hold it.
Regarding my living situation it makes more sense for me to rent, everyone I know who buys a house has spent tons of time and money fixing up their place. I'd rather invest those resources into a startup or consulting.
Buying a condo might make sense at some point but I'm not really into condo living. If I go that route I'd want one with a pool and gym - which means a lot of extra condo fees, so I don't know if that ultimately makes financial sense. I'd be curious to see the numbers on that though.
Regarding my living situation it makes more sense for me to rent, everyone I know who buys a house has spent tons of time and money fixing up their place. I'd rather invest those resources into a startup or consulting.
Buying a condo might make sense at some point but I'm not really into condo living. If I go that route I'd want one with a pool and gym - which means a lot of extra condo fees, so I don't know if that ultimately makes financial sense. I'd be curious to see the numbers on that though.