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Old 01-26-2011, 10:19 PM   #28
Tinordi
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Join Date: Nov 2010
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Quote:
I'd rather own then rent in general, renting is just assetless sunk money.
Not really, you're spending your money on a basic commodity, shelter. Just like you spend money on food and clothes, you don't get much back from those in terms of savings either but you need them.

I have no problem paying rent. In return I get a nice place, in an area I like to live in, with a bunch of other quality of life boosters that I value. I'm paying for that for my rent. I get value out of that, if I didn't get any value out of it I wouldn't pay it. So it's not like you're just throwing rent money down a hole. You're getting a hole lot back from it.
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