Originally Posted by
2slow2race
I plan on living no where more then a year. With the market (here atleast) starting to settle, why would I risk not being able to leave here when I want becuase my house/condo/etc just won't sell as soon as I want it to?
Just a thought, but what happens when you decide to leave, and that market is dead slow and or crashed (as some people think it just might with the COL being as high as it is in this the avg. salary being low) and you have to take a loss. What happens to the money you've put into your place? It's gone. Atleast with my apt. all I have to do is keep it clean and if anything goes wrong I don't have to worry about shit.
I'm far to young to be worried about a house and a yard. Until I have kids I'll never own a home, maybe a condo/townhouse, but never a house. None of this is really up there on my list of things to do. Those who say that owning a house makes you grown, or something of that nature, need not throw stones because most people I know that own homes lived at home till 21-24. How is that acting as an adult?
(none of this is directed at you steve, just an argument on a point)
I bought a condo because I didn't want a yard, etc. I am planning on moving to NYC in 2 years. I wll look into selling or renting it out when the time comes. I am not saying it makes you grown, but my mom is a loan officer. It's been drilled into my head to establish great credit soon and buy, not rent.
Also, I understand almost all of your points, both of you. Like I said, I just can't see blowing $1000+ a month.