Comments on: Beating the First Time Homebuyer Squeeze: Rent!

By: mbhunter

mbhunter — Fri, 07 Jul 2006 04:25:05 +0000

Around here it’s ridiculous — renting’s a much better option until the foreclosures start happening

By: Aimee

Aimee — Fri, 07 Jul 2006 00:19:46 +0000

It’s true, renting may now be a cheaper option again. It sure wasn’t a year ago when we got our home (for just a little more than what we were paying in rent). Still, a home is always a good bet if you can do it, since you do have to live somewhere! Better to get yourself rich than your landlord.

By: jim

jim — Thu, 06 Jul 2006 21:24:58 +0000

It sounds like you’re getting a hell of a deal on that condo… makes it hard to buy when you can get a deal like that. My friend getting cheap rent is in the same situation, why pay more for “equity” when you can pay pennies for your rent?

By: Lynn Bradford

Lynn Bradford — Thu, 06 Jul 2006 19:48:33 +0000

I began renting in Cape Coral Fl about 1 year ago. I have just moved into another rental here on a canal with direct access to the gulf. I keep my sailboat at the dock provided, rent is $800.00 per month, furnished, yes furnished This includes cable, water, sewer and garbage. The clincher is the pool, and parking for my 2 autos and Harley. I nearly bought into this condo a year ago for $240,000. The asking price today is $190,000 and I am enjoying the wait until the price decline further. You crunch the numbers, renting this condo at this price is the only way, I repeat….the only way.