General Discussion
In reply to the discussion: America without Landlords: A more in-depth discussion. [View all]JDPriestly
(57,936 posts)Here are some of the reasons:
The renters are seeking a place to live but don't want to get stuck in a house they own because they hope to or plan to move.
The renters own a house somewhere which they are renting out, and are just seeking to rent a second house near their work.
The renters don't have the credit rating to buy.
The renters don't have the money to make a downpayment and fix up a house to move into.
The renters found a really reasonably priced place to rent that they could not afford to buy.
The renters are planning to get married and just renting until they get married and then move into a house they buy as a couple.
The renters don't want the hassle and cost of keeping up their own house, and upkeep on the rented property is the landlord's responsibility.
The renters are renting a condo in an area in which they could not afford to buy.
There are so many good reasons to rent, many more than I have listed.
We rented for years. We did not buy a house until we thought we were in a city in which we could and would stay for a long time. We have not regretted that decision.