Quote:
Originally Posted by jimjamuser
Numbers can't tell the FULL story. Let's say that you have a DOG or want to have one. Well, you can't have one at a lot of rentals. A dog protects you, your family, and your personal property. A dog BECOMES part of the family. What is the value of a dog that turns away a potential home break in. Let's say you rent and would like to plant a garden and the landlords say, "no way". If you rent , after 10 years, you have a lot of PRETTY rent receipts and that is ALL. If you purchased your home, you have some equity or may have even paid off the loan. You were able to plant trees and a garden where ever YOU wanted, not what some stranger told YOU to do. YOU have more control over your life and that is PRICELESS !!!!!
.....Having said that, renting for around a year has some benefits because you might find one Village suits your family better than another.
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Some understand most of us do not have much more time left on this planet. I see nothing wrong with choosing to rent. One poster stated it will make it easier for his children when he passes. Simply go to the bank and divide the funds. No hassle of selling an estate.
Besides, if their social security checks and pensions are footing their cost to rent, what is the problem? They sold their previous homes and want to live cash happy with no hassles of owning. You can't take money to your grave. Live whatever time you have left to the fullest.