Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 2
<<But I am starting to tire of a one bedroom apt - I'd like a study for one. And for the 4-5 times a year I have friends and family staying over, I'd like them to have a guest bedroom and bathroom. I'm getting a little old for air mattresses, you know? Renting a one-bed is cheaper than buying; renting a two-bed becomes a wash vs buying.

So far it's the FIRE desire that's keeping me a renter, but I might well take the FIRE hit this year in order to get a little more space.


One of the best things about being a renter is that you can find relatively cheap housing if you want to work at it. Housing designed for owner occupants tends to be bigger and with more amenities, and more expensive if you compare the costs directly with renting, and often you can't find comparably simple and cheap accomodations.

So buying becomes attractive when people want more luxury of one kind or another and are willing to pay for it. Nothing wrong with that of course, but we tend to like to deceive ourselves about our motives by talking about buying a home "as an investment" and "not wanting to throw money away on rent" and such.

Seattle Pioneer
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.