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Investing/Strategies / Retirement Investing
|Subject: Re: Rent vs Buy||Date: 1/28/2004 8:45 PM|
|Author: yobria||Number: 38811 of 77297|
>>I am getting a little sick and tired of the genetically loutish behaviour of almost everybody else who rents!
Yes, people talk about renting vs owning like it was purely a financial decision. What they don't say is condos afford, in general, a far higher quality of life than apartments.
Apartments are designed to be as cheap to build/maintain as possible, so you get thin walls, cheap (or no) appliances, bad finishings, etc. You also tend to live with shiftless, "renter types".
Condos are designed to sell for the highest possible price. So you get quality construction, plenty of light, nice fixtures, etc. And you'll get higher quality neighbors.
On the other hand, I did get a $55,000 bill last year for mold remediation/fixing water leaks in my San Francisco condo, so ownership isn't perfect either!
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