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Why People Prefer to Rent

Would You Be Content With Renting Forever?

Forever is a long time, but with the housing market being so unpredictable, renting is becoming the ever-popular option.

When I see my friend struggle with the mortgage of her family home that is draining her financially and mentally, I feel pretty relieved that I'm dealing with a manageable rent. So much so, that I wouldn't mind renting permanently and forgo owning a piece of property. My opinion might change when I have kids, but I'm pretty content with the idea of renting forever right now. Home ownership is a tough situation because a huge part of buying your own residence is emotional. A piece in the Wall Street Journal points out that "it's difficult if not impossible to separate home ownership from other variables that correlate with desirable environments, like affluence and levels of education."

To all renters out there, do you eventually want to own your own home or are you content with renting forever?

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RoaringSilence RoaringSilence 5 years
I have not yet found a place on earth where I'd like to live forever. I would want it to be somewhere where all my friends would stay for a really long time, too. I have a horrible time making big decisions, so if I bought a house I'd probably end up disliking it in some way very soon, and constantly want to make changes. In a rented place, that's not an issue. I have a fantastic land lord right now, who fixes everything, and for free, and it's pretty awesome.
bluebellknoll bluebellknoll 5 years
I bought my first house when I was 23 and it was the BEST thing I ever did. There is more responsibilities when you own but it's well worth the investment. I can't imagine wanting to rent forever - I don't want to pay someone else's mortgage.
runswimmerrun runswimmerrun 5 years
I'm with smart blonde regarding most of the responsibilities. Also, I don't like feeling attached to a piece of land. That said, if I fell in love with some city/house, I would considering committing to it.
smart-blonde smart-blonde 5 years
I have no interest in maintaining a lawn, doing home repairs, doing time on an HOA board, or anything else that comes with home ownership. Sadly, Mr. Blonde wants to buy something eventually, but I'd be happy renting the rest of my life.
pwest99 pwest99 5 years
I'm in no rush to purchase a home. I'm single and I don't want children so renting is not a problem for me.
amber512 amber512 5 years
No! I hate renting. I can't wait to get a house of my own and stop having to deal with so much junk.
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