10-14-2007, 08:50 AM
quote:
I'm a renter and not afraid to admit it.
Me too. Owned a home and several lots for 17 years, decided to cash out during the ridiculous run-up, and will most likely hop back into ownership once prices settle dowwwwwn a bit more.
Though I gotta say, I'm not exactly in a hurry. I'm finding there's whole lot to be said for renting. All of a sudden I have sooooo much more time (and expendible income) to do just-plain-fun-stuff than I ever did before. House/yard maintenance does kinda take its toll after awhile.
As for what people will be paying for rent zillions of years down the line? Pretty much the same as what their landlords are paying on their mortgages.