Quote:
Originally Posted by Slava
I think this sentence sums up why you think its better to rent than buy. You think that the bubble will burst and you will run around and pick up homes for next to nothing I assume?
You can't surely believe that the lack of security in renting for the long-term is worthless, even if you believe that the costs of home ownership are too onerous? I agree with Cowperson...one day you will be forced out of your rental property due to a condo-conversion or huge rental increases, and no doubt complain along the way that we need rent controls or something similar to protect to poor average guy (who in this case simply lacks the foresight to make an adequate decision!).
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No, Radley77 will have invested the difference wisely and will be okay.
That is, as long as stock in SuperSecretAwesomeInvestmentInc perform as expected.
