Good point. The only time buying makes sense over renting is if you're set on remaining in the same location for the next 5-10 years as at least, you'd building some equity in your property and see some potential profit at the time of sale. However, most guys in here, are the adventurous type who want to roam around, have location independent lifestyles. For these kinds of guys, owning doesn't make sense. So if you are looking to stay put and settle somewhere, then owning is the way to go. If you are looking to travel and bounce around all the time while running your own online biz, then renting is the way to go.
Quote: (09-12-2013 11:53 AM)void Wrote:
If you pay rent for 30 years, you do not own the house.