Quote:
Originally Posted by evil-G-nius
Well as a person who has rented for way too damn long, my recommendation is to buy something. No matter what kind of drain or headache it might be you still get somethign out of it. Tax breaks, gain equity and you can always sell and collect money because its yours. If you rent, you are going to probably pay more than what a mortgage is (you do in California anyway) and you have ZERO say as to what happens. If the owner decides to sell you are assed out. If the owner decides to raise your rent, you either have to suck it up or move again. Renting is stupid and a waste of money IMO. I'd say buy something you want and use the country place as a source of income by renting it out or VRBO it. Just my 2 cents
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But it depends on the figures.
If your rent is 1000, and your house is 2500 with taxes maintenance and whatnot, then renting is smarter.