Do you rent an apartment or living in your own house?

@gxnfly (1147)
China
May 5, 2008 9:24pm CST
Do you have your own house or apartment?Or do you just like me have to work hard to cover the rent? I don't have money to buy my own appartment,so I have to move from place to place from time to time.I'm really exhausted moving a lot,really want want to find a place to set up and don't have to move anymore. I need to find a new place to live.My present place is not safe,and the landlord want doesn't want to lease it anymore.I went to the agency,I didn’t realize a single bedroom apartment went for so much these days,prices have really gone up the past couple of years. It seems I have to share an apartment with another person although I just want my own place so badly. To jobs that pay for the rent!
9 people like this
36 responses
@neildc (17254)
• Lapu-Lapu City, Philippines
6 May 08
we have a house in the province, our ancestral house. but i have my own family, jobs, and our children go to school in the city. we have no house here so i still have to really work hard for our daily needs and to pay for the rent of the house. i really wanted to have my own house here in the city but i don't have the money.
3 people like this
@gemini_rose (16193)
6 May 08
We were lucky enough to be able to get our feet on the first rung of the housing ladder about 3 years ago, we dropped on our house at a good price and we got a great deal on our mortgage which has stayed the same since we bought it. Although it is a worry having a place with a mortgage it is a lot more secure knowing that we do not have to worry about whether the landlord is going to renew our contract or not, but then again we still have to worry about paying the mortgage each month!!
3 people like this
@chirantani (1382)
• India
6 May 08
I am staying in a rented apartment,which is not too expensive.Still, I share the rent with two of my roommate,I think,its better to live with them,than to live alone.But,later on I would like to have my own house.
@toosh21 (800)
• Australia
6 May 08
We don't rent or own our own house - our house is supplied as part of my husbands job on the property. We are very lucky, but in Australia a lot of farmers supply their workers with a house. There are 8 workers on this farm (and the owner & his 2 sons also) and 5 of us have a house supplied - the other 3 would have but they own their houses now & choose to live in them.
3 people like this
@anawar (2406)
• United States
6 May 08
I'm not quite sure what the question is, but I prefer to rent. I have owned and sold two homes before this whole housing debacle collapsed on everyone's head. There was a time when it made sense to own your own home. It worked as an investment and in times of need, you could refinance and take out some equity.(this increases the amount you have to pay back). Knowing I will never be able to pay off a home, I decided it made more sense to rent. Paying your bank or paying the landlord aren't that different. The promising part of renting is that you are not responsible for any repairs the house needs. If the oven stops working, instead of buying a new appliance, you call the rental company. When the roof needs to be replaced, you're not panicking, wondering where the money will come from. A pinhole in the copper tubing that ran under our house, required a totally new way to channel the water. To the tune of $4000.00 (twenty years ago) they re-plumbed the house running pipes through the attic. More homeowners and renters may be facing the same problems you are. Maybe families will have to share houses again. For married people, some of you might have the double income required to own your own home. A single person? Try to find the least expensive apartment you can without comprimising your safety or basic needs.
@anawar (2406)
• United States
6 May 08
Wow, it sounds like you got the best of everything. And you added one more point_ if you break up, you can afford to live there alone. I made that mistake and got burned.
• India
6 May 08
i too have to settle fast in my life and buy house for myself quickly so that i don't face troubles that u are facing right now. sorry for u .. hope u buy a new house soon .. hope that u get rich soon.
2 people like this
@checapricorn (16069)
• United States
6 May 08
Hello gxnfly! When I was in College and single, My sister and I always live and share an apartment with close friends since we cant afford if only the 2 of us will pay it! As long as you know your roommates, there is nothing to worry. Now that I am married, we are living in our small and simple house!We are still planning for some renovations but that is the thing that we still can't afford to do right now!
2 people like this
• United States
6 May 08
My husband and I rent our place. It is a nice little house and just perfect for the two of us. We have discussed buying our own place and decided since we have had good landlords that we will still continue to rent. When anything has needed to be fixed all we have ever had to do is contact the landlord and it has always been taken care of. The landlord that we rent from now has given me the name of the person he uses to fix things and told me if I needed anything fixed to just call the guy who takes care of that and the guy will send him the bill. I have had to do that a couple of times and the landlord has always taken care of the bill. So we are content in renting the place.
2 people like this
@olivemai (4738)
• United States
6 May 08
I pay rent for a house! It is not easy, but it is worth it! If you own a house or condo, it can cost more and you have more responsibility! You are young yet, and maybe all you need is a roommate to pay half the expenses!
2 people like this
@jer31558 (3683)
• United States
6 May 08
I live in a mobile home and yes, it is ours. I hope to not to ever have to move again....unless I come into a lot of money from a lottery ticket I bought.
2 people like this
@dhangski (3194)
• Philippines
6 May 08
We used to rent a house before, but when we think of the money spent paying the rent, we decided to transfer in my father's resthouse. We are planning to build our own house just beside my father's.
@goldeneagle (6775)
• United States
6 May 08
my wife and I have been married for a little over 7 years. She had a house when we got together, but we recently upgraded to a newer place. If you had seen the old one, you would have known why. It took us a while to be able to buy something better, but we finally did it. I think we made a good choice and stayed well within our means. The main thing is to be patient and not buy more than you can afford. Home ownership isn't for everyone. It is a lot of responsibility and maintenance and stuff like that. However, if you really want a place of your own, and you have good income and decent credit, it is possible to find mortgage companies that will offer some pretty good first-time buyer programs and things of that nature. Stable income is the main thing. Don't hesitate to look at getting a mobile home or manufactured home either. I bought a nice double-wide for less than $100,000. These companies will do what is called a land-home package for you too, so that the payment for your land and home are rolled into one. We already had our land, so that wasn't something we had to deal with. They may be able to help you locate land to buy as well. We worked out a deal where our mortgage and our home-owners insurance are all in one payment. As I said, there are countless options available out there, especially if you can save a couple thousand dollars for a down payment. You just have to do some research.
2 people like this
@SukiSmiles (1998)
• United States
6 May 08
I remeber those days of apartment living. Sharing an apartment and then having my own. Then getting married and sharing an apartment again (but in a good way). We now own our own house. It took a little while until we were mentally and financially ready, but it was worth it.
• United States
6 May 08
Housing is so expensive where I live that I am lucky that I can live by myself. I am considering moving down to a studio or even a room in a house. The problem with room mates is that I have allergies and if they have pets or wear perfume, I would be in trouble. I'm also sensitive with noise. I would love to have a small house or trailer somewhere, but just about everything is out of my price range.
@esso92 (18)
• Poland
6 May 08
I was moving from place to place to this month. Now I have my own house. I am really excited that I've got my own place to live. I have worked hard for it. Now I have 511 sqm. Lake is near me, about 3 min way. I'm so happy :D
1 person likes this
@nixxi76 (3192)
• Canada
6 May 08
My hubby and I are actually renting a house. We got a good deal for rent but it's wayyy out in the country and far from work so I'm not sure what's worse.. being icolated from my family and friends out here in the country, or paying for gas just to get to work and then not being able to afford the bills. I do want to relocate soon though as I am tired of this.
@MichaelJay (1100)
6 May 08
We paid rent on our house to the local council for about 17 years, because w couldn't afford to buy one after a busins I had went bust. We lost the house we had been buying and were housed under emergency conditions by the local authority. We have now been in that house for 24 years in total and for the last 7 we have been buying it on a small mortgate. We decided to buy because the council offered a huge discount to pople who had paid rent ovr the years and the resulting mortgate was the same as the rent at the time! That was 7 years ago and now the mortgate paymnts are cheaper than the rent which has gone up every year. We will have paid for the house when I retire in 8 years time so we will be able to live rent and mortgate free.
1 person likes this
• Canada
6 May 08
Right now, my hubs and I live in a large 2 bdrm basement apartment. It's nice, but we will be happy when we can save enough money to buy a country home. For now...we rent.
1 person likes this
• New Zealand
6 May 08
Hey there I pay board as I currently live at my parents a.
1 person likes this
@subha12 (18454)
• India
6 May 08
As now i stay with parents and we have our own house, we do not rent a house. earlier for my job, i was in different city. so we had to rent a house. now house prices are so much that only rich can afford a house.
1 person likes this