Surf Maid Blog

This article is inaccurate for several reasons. First, why aren’t the landlords going out of business right and left? Which brings us to point number two. If renting was so much better then buying, landlords would just raise the rent. Lately, the price of rent has been increasing and landlords have been making tons of money. Furthermore, the tax breaks are still huge. And then you have this thing called inflation. And then you have another problem with how the dates of the DJIA and home improvement tips ownership have been cherry picked. Also, what happens when you’re 70 y/o, and your landlord decides to raise the rent past what you can afford? Nursing home time! Aren’t you glad you decided to rent several decades ago? This article also needs to take into account what happens for the 30 years after you’ve paid your home off. Your real estate tax and upkeep expenses will be a a lot less than the ever rising price of renting. And then there is the consumption aspect. Buying gives you a lot more freedom then renting, and a lot more security too. What good is a million bucks in stocks when you have to put up with a new landlord’s new annoying rules? And if you actually sell those stocks . . . ouch, taxes will hurt. But if you sell your home and buy another home you’ll do well with avoiding taxes.