Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

steve2470

(37,481 posts) Thu Aug 27, 2015, 03:41 PM Aug 2015

http://www.cbsnews.com/media/10-places-where-renting-a-home-beats-buying/

(heavily edited)

San Francisco

Seattle

Suffolk County, NY

Denver

Washington, DC

Portland, OR

Los Angeles

Port St. Lucie, FL (this one surprised me)

Asheville, NC

Lincoln, NE

18 replies

= new reply since forum marked as read

Highlight:

10 places where renting a home beats buying [View all] steve2470 Aug 2015 OP

I live in Suffolk County, and renting is no bargain, either... TreasonousBastard Aug 2015 #1

And I will live in none of those places... awoke_in_2003 Aug 2015 #2

Yep... GummyBearz Aug 2015 #3

Yes, if you're doing it just for the tax deduction Lydia Leftcoast Aug 2015 #8

Is that a deduction from your taxes, Art_from_Ark Aug 2015 #9

It's a deduction from your taxable income Lydia Leftcoast Aug 2015 #11

Good points... awoke_in_2003 Aug 2015 #10

How about "you've had shelter for that year"? Recursion Aug 2015 #6

I don't consider my rent money (which puts a roof over my head) Lydia Leftcoast Aug 2015 #12

I'm not convinced monetizing housing is good thing. hunter Aug 2015 #4

Or anyplace else you don't want the responsibility of home ownership. KentuckyWoman Aug 2015 #7

I lived in a neighborhood where most homes were rentals. Throd Aug 2015 #13

Point well taken. KentuckyWoman Aug 2015 #15

Well, at least you're self aware. kcr Aug 2015 #16

rent is high in LA Liberal_in_LA Aug 2015 #17

Much cheaper to rent where I live (los angeles) taught_me_patience Aug 2015 #18