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In response to
"At the macro level, I wonder if renting is better though. It makes the workforce more mobile. -- nm"
by
ty97
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too, with no promise of increase in value, there's no long-term upside other than income tax deduction.
Posted by
amanda (aka amanda)
Jul 5 '12, 07:35
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unless we see rental costs just start to skyrocket (and I am in a very well-insulated area, so I am immune to this), making the "prix fixe" of mortgages sexier, I don't see a point to spending an extra $500 per month to live in a slightly bigger house farther from town that's not on a bus route (the B bus is *not* a route. no way).
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