Quote: (01-10-2017 01:48 PM)Unchained Wrote:
That's why you don't buy property for a home. You buy it for investment purposes and then you rent wherever you want to live. I've always thought people who spend 300k to 1.5million for a "home" are idiots. If I spend that money it's because it's an investment to flip or get rental income, not to have a yard and a pool.
If you rent close to your job, you can pack up and move conveniently. Living close to where you work is not bullshit. I've done it, and it's awesome.
Ideally, any man with means should find a location where he wants to set up base and live and work in that location.
Not sure why anyone would BUY a house somewhere just cuz they work close to there. Also I'll reiterate, unless you have a family, no reason to buy property unless for investment purposes or because it's cheaper than renting. If you move, just rent that shit out for higher than mortgage, or flip it. If you can't do that, it wasn't a smart business decision.
I agree with you about renting, but it also depends on the market. Here in Austin, the market for rentals is absolute shit. Most landlord/landladies are shit. And there are dumbfucks in this town who actually brag about signing leases of two years.
This is largely because Austin wants to be a "compact city." We have all these car haters and other ideologues who don't want to see highways built. They don't like roads. They sacrifices lanes for cars for bike lanes.
In fact, Austin is by far the largest city in the USA that has only a single interstate highway. There is only I-35. There is no other two-digit Interstate. There are no branch interstates off I-35.