| ▲ | oxag3n 6 hours ago | |
Renting won't match home ownership for few reasons. First one already mentioned in the comments is you can be kicked out at any time within your rental agreement. I was "lucky" enough to get our rental sold two years ago and then again this year. Packing and looking for another rental with 2 months notice is not fun (and boxes smell). Another difference is location and place itself. You'll have much fewer rentals in a very nice neighborhood, and even those that are rented out, are the worst - corner lots (3x gardening cost/effort), facing major roads or other things that make life less comfortable. Rental condition is not under your control. At least in Seattle area owners I rented from didn't keep the house well maintained, which resulted in: * roof leak (no moss treatment performed, grew and lifted shingles). * 25 yo furnace "worked" until one midnight my family had to evacuate and call fire fighters due to CO alarms getting off. Four days without heating after that (owner offered to reimburse for the cheapest hotel nearby). * Appliances are not replaced until they break. I looked at one property few weeks ago that had original once white appliances. I asked if owner is willing to upgrade them, the agent laughed at told us they will fix it if something doesn't work after we move in. | ||
| ▲ | SirMaster 6 hours ago | parent [-] | |
I pay only 650/mo for rent though. My friends with homes around me pay about what I pay in rent in their home property taxes alone... Or especially once you add in some utilities, like my heat is included in my rent and I can have my place at like 75F all winter if I want. Also yes they replaced the dish washer and refrigerator with new ones before they broke or died while I've been there. | ||