Quote:
Originally Posted by ToewsFan
I wish i had played my cards right in life. I've always felt that I have let my loved ones down, and before my folks die I want them to see that I finally made it in life. Maybe there is still time to save up for a condo and rise out of the depression that i currently find myself in. Thank God for calgarypuck. I enjoy interacting with people.
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I get that buying and owning real estate is a status symbol and that does have some value in itself. After twenty years of owning I sometimes feel a little wonky for renting. But owning isn't always the smartest thing you can do. Unless the market is going up you're better off renting. You're also somewhat tied down when owning property. There's a lot of freedom in keeping your expenses low and not having a potential expensive burden hanging over your head. You can judge success differently if you want to.