Newventurer
Recycles dryer sheets
I always read with interest the discussions regarding rent vs. own (I have a mortgage) and am constantly weighing the issues of flexibility vs. stability as well as the financial impact on budget.
The recent financial news would have me believe that due to high demand from millenials (maybe also Retirees?) rents are seeing significant increases.
Are those of you that rent seeing these types of increases? Is there a pain point that would cause you to consider buying again or is this assumed in your original decision to rent. Do rents ever go down...or do you have to move to obtain the benefit of a market decline in rents?
I like a number of the benefits of renting but wonder if there is more risk (rising rents) than I have previously considered.
The recent financial news would have me believe that due to high demand from millenials (maybe also Retirees?) rents are seeing significant increases.
Are those of you that rent seeing these types of increases? Is there a pain point that would cause you to consider buying again or is this assumed in your original decision to rent. Do rents ever go down...or do you have to move to obtain the benefit of a market decline in rents?
I like a number of the benefits of renting but wonder if there is more risk (rising rents) than I have previously considered.