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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Those "pretty" rent receipts are just that, nice and very pretty compared to all the costs of owning and maintaining a home in The Villages. Not to mention the governmental hand reducing your profits upon sale of your residence. Renting is clean and simple if you rent furnished. We wished we would have rented vs purchasing. The rental prices will not exceed tax increases and other costs one has to absorb when owning a home. If we want to plant flowers, we'll buy a flower pot and load it up.