Originally Posted by tark_o
ok i quit too... I just want you to realise that if true then no one would ever rent at 400 when they could buy for free... i think your not getting me, it's ok!
some people d not want the hassle of owning a place. Also, many people cannot get morgages due to credit problems. You may see it as cut and dry but not everyone is in the same boat.
For those who can afford it, it is stupid not to do it. If that was in my area I would buy it. I wouldn't even have to rent it out. $400 a month plus utilities would be like pocket change considering that most one bedrooms here cost over 1,000 a month to rent, plus utilities