Quote:
Originally Posted by Michael G.
Sooo snow birding as pleasant as it is to escape the northern winters is
not a cheap endeavor for the middle class, would you agree??
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there is a price to pay, for sure.
If you rent, every $ you pay is gone forever. However, you have no risk, no responsibility.
If you own you establish some equity, and probably will benefit from some appreciation, however you still have costs you don't recoup: Insurance, amenity fees, taxes, utilities etc.and some risk: storm damage, sinkholes, rising insurance costs, etc.
One way or another, the price has to be paid. Whether or not you consider it "cheap", is a personal matter.