So here's my question - it seems to me that the biggest scam out their is "home ownership". If you calculate how much it takes to maintain a home, and then there's the real estate taxes (YIKES ), it eats up anything you might get as far as capital gains when you sell it. (keep in mind that I own a home in tax &ell - aka Wisconsin). Especially when considering the time value of money.
Renting what you need looks like the way to go, whether you're retired or not. I guess it depends on your situation (children or pets or in-laws or the dreaded green lawn fettish). Any thoughts?
p.s. I've been reading alot of the posts so far, and I have to say that you guys are a hoot! I'm not so clever myself, unless there's a little cheap red wine involved. But I'll do my part to be entertaining if I can.
Renting what you need looks like the way to go, whether you're retired or not. I guess it depends on your situation (children or pets or in-laws or the dreaded green lawn fettish). Any thoughts?
p.s. I've been reading alot of the posts so far, and I have to say that you guys are a hoot! I'm not so clever myself, unless there's a little cheap red wine involved. But I'll do my part to be entertaining if I can.