Quote:
Originally Posted by rd_aaron
If you're going to stay in the property long term, it's almost always a good idea to buy but buying & selling fees eat up too much equity for it to always be a good idea short term.
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Sorry I didn't transfer my line of thinking to a 2-3 year scenerio. You are correct that for 2-3 years, renting/buying is a much more difficult choice. Do people actually buy primary residences for 2-3 years? That never even crossed my mind.
When someone says short term to me in real estate terms, I think 5 years minimum.