Re:Owning nothing is now a luxury, thanks to a number of sub...
by Dumblydorr on Tuesday June 11, 2019 @08:23AM
(#20154747)
Specifics, specifics. The rent vs buy debate will not be answered with finality, it always comes down to specifics. You're wrong about renting, I save a lot and invest much of it, while renting.
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Re:Owning nothing is now a luxury, thanks to a number of sub...
by suff on Tuesday June 11, 2019 @09:03AM
(#20154998)
Have you ever gotten a six figure check when you move out? Happens to buyers all the time.
Re:Owning nothing is now a luxury, thanks to a number of sub...
by jartelt on Tuesday June 11, 2019 @11:10AM
(#20156095)
Many buyers often neglect that they put $50k into their kitchen remodel, bought a new roof, and repaired the water heater/AC/washer along the way. So that $100k check feels like pure profit, but often is just reimbursement for past expenses.
Re:Owning nothing is now a luxury, thanks to a number of sub...
by noonespecial on Tuesday June 11, 2019 @09:42AM
(#20155291)
Ever gotten a six figure bill on your way out? Happened to lots of buyers around 2008.
Re:Owning nothing is now a luxury, thanks to a number of sub...
by Spooky23 on Tuesday June 11, 2019 @10:07AM
(#20155506)
In most places they walked away with nothing.
Re:Owning nothing is now a luxury, thanks to a number of sub...
by suff on Tuesday June 11, 2019 @07:52PM
(#20160581)
Yeah, once every 100 years...
Re:Owning nothing is now a luxury, thanks to a number of sub...
by WhompingWindows on Tuesday June 11, 2019 @09:16AM
(#20155092)
I'm too young and poor to have had time to save up, buy a house, and sell it. Again, specifics are king in this debate.
Re:Owning nothing is now a luxury, thanks to a number of sub...
by TheHypnotist on Tuesday June 11, 2019 @09:15AM
(#20155085)
I guess the flip side is not owing a six figure mortgage.