to own or rent

@sandie61 (2359)
United States
November 4, 2006 10:32pm CST
do you own your home or rent? we own but have rented for many years.
1 person likes this
31 responses
• United States
5 Nov 06
OWN, otherwise it would be like wasting all that money!!!
2 people like this
@sandie61 (2359)
• United States
19 Nov 06
that is so true. we wasted our money renting for quite a few years before buying. thanks for your reply.
1 person likes this
@kutchi (12320)
• Pakistan
5 Nov 06
to own ofcorse
@sandie61 (2359)
• United States
19 Nov 06
I agree. I think its so much nicer then paying rent. thanks for your reply.
1 person likes this
@Kayde311 (237)
• United States
5 Nov 06
Rent,but saving up to buy my own home
2 people like this
@sandie61 (2359)
• United States
19 Nov 06
good luck to you and thanks for your reply.
1 person likes this
• United States
7 Dec 06
We have always owned our homes. It is tax deductable, and realeste usually goes up. Renting is aw throwing your month out, in my opinon. If you have no choice, then it cannot be helped though.
1 person likes this
@sandie61 (2359)
• United States
9 Dec 06
thank you. you too:)
@sandie61 (2359)
• United States
8 Dec 06
we rented for a long time and finally bought a home. I agree that it is better to own. thanks for your reply.
• United States
8 Dec 06
Enjoy your home. Have a great evening.
1 person likes this
• United States
11 Dec 06
We own our home. We have never rented.
1 person likes this
@sandie61 (2359)
• United States
17 Dec 06
wow! that is great that you never have rented. we rented until a few years ago. now we pay the mortgage. lol.
@sandie61 (2359)
• United States
18 Dec 06
yes, I am so glad we finally have a house. as for the tax break we don`t see it. we owe every year on our taxes. we never get a refund. thanks for responding to my discussions.
• United States
18 Dec 06
But the house is yours, and you can get a refund from the government at the end of the year from the interest on the mortgage. When you rent, you throw out the money month to month. I'm glad you have a home now. Bet you are too.
1 person likes this
@robertdj (116)
• United States
5 Nov 06
just bought my first house after 15 years of renting ... in the first 3 months, I've had to do major work on the A/C, replace the flooring in the living room, fix two door and now it looks like there will be major work on the pool needed. I didn't buy it as a fixer upper either, had a glowing home inspection and everything. If I was renting, all i would've had to do is call the landlord, not try to juggle buying food and having a/c.
@sandie61 (2359)
• United States
19 Nov 06
that is the downfall of homeownership is being stuck with the repairs and they can be so expensive. thanks for your reply.
1 person likes this
@katyzzz (2897)
• Australia
18 Dec 06
It's better to own your own home. More security, better for children.
1 person likes this
@sandie61 (2359)
• United States
18 Dec 06
I agree. thanks for your reply.
@bam001 (940)
• United States
18 Dec 06
I own my home. I rented for several years before buying a house. I bought the house a little over 3 years ago when interest rates were at an all time low. My monthly mortgage is about the same on my almost 3000 square foot house as my rent was on an 1100 square foot 2 bedroom apartment. Unfortunately, utilities are over twice as much. UGH! When I decided to buy a house, I read everything I could get my hands on. I couldn't decided for the longest if I should buy or just keep renting. Granted, I know that I would have nothing to show for renting another 3 or 4 years, but I would gain equity if I bought, but it was still a huge decision. I knew that once I bought a house, I was going to stay in the area for a while...thankfully, I have a job that I really like, so I haven't really wanted to pack up and move lately!
@sandie61 (2359)
• United States
18 Dec 06
congratulations. 3,000 square feet is a very big home. enjoy it. thanks for your reply.
• Nigeria
19 Dec 06
to own is better than to rent we actually own. but i am renting one in skool.
1 person likes this
@sandie61 (2359)
• United States
20 Dec 06
thanks for your reply.
• Canada
18 Dec 06
I own the house.
1 person likes this
@sandie61 (2359)
• United States
18 Dec 06
great.. thanks for your reply.
@jal1948 (1359)
• India
20 Dec 06
Renting has its own benefits if u avail of tax rebates,so also having , the funds to buy ,but divert these funds,in some business,to earn more than the rent u are paying, but property prices keeps shooting up, a day may come when one cant afford to buy.I have my ownhouse.
1 person likes this
@sandie61 (2359)
• United States
30 Dec 06
thanks for your comment.
@stailgate (2363)
• United States
19 Dec 06
I would definiatly recomend owning. There are some advantages to renting, like if something breaks it is someone else's problem, but I think the bads out due the good when it comes to this.
1 person likes this
@sandie61 (2359)
• United States
20 Dec 06
thanks for your reply.
@stailgate (2363)
• United States
18 Dec 06
I only rented for 6 months right after I graduated from high school and then started to buy my first house. I am 26 and am 3 years into buying my second house, but third piece of property. I did not like renting, and love the fact that I have a house in the city, to be near stores and schools, and one out in the country on 7 acres where we can hunt, go on hikes, and we have ponds to fish, and run around, and a 10 acre parcel to one day I hope either build on or make trails for four wheelers on.
1 person likes this
@sandie61 (2359)
• United States
18 Dec 06
that is great that you were able to buy a home so young. what state do you live in? I know here in new jersey homes are very expensive and so are the taxes. enjoy your 2 homes.
@shaj_me (149)
• Philippines
18 Dec 06
we own our house..and we are planning to rennovate it now...before, we just shared with my grandparents now, we have our own.
@sandie61 (2359)
• United States
18 Dec 06
that is great. it feels good to have your own. congratulations and enjoy renovating it.
• India
10 Dec 06
own my home.
1 person likes this
@sandie61 (2359)
• United States
11 Dec 06
Thanks for your reply.
• United States
19 Nov 06
we rent right now, but i wish we could own. eventually we will buy a house.
1 person likes this
@sandie61 (2359)
• United States
20 Nov 06
yes, you will own. it takes time. I didnt think we would ever own a home. Thanks for your reply.
• India
19 Nov 06
house - house
I live with my parents they own the house
@sandie61 (2359)
• United States
19 Nov 06
thanks for your reply.
@ainpat (279)
18 Dec 06
I own my house by heritance
1 person likes this
@sandie61 (2359)
• United States
18 Dec 06
wow! that is really nice that you inherited a house. what a nice gift.
• Philippines
10 Dec 06
I am renting now in the city but for long term I prefer acquiring my own house 'cus renting is very expensive than paying something that will be yours someday so sooner or later I will be buying my own house already. I hope that myLot wou;d still be running then so in away could help with at least bills expenses...hehe.
@sandie61 (2359)
• United States
11 Dec 06
lol. good luck with buying your own home. thanks for your reply.
• United States
12 Dec 06
Rent, but dreaming of buying in the near future.
@sandie61 (2359)
• United States
17 Dec 06
good luck to you in buying a home. thanks for your reply.