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GummyBearz

(2,931 posts)

3. Yep...

Reply to awoke_in_2003 (Reply #2)

Thu Aug 27, 2015, 07:30 PM

Aug 2015

Renting in LA was only a temporary necessity until I could save a down payment (that wasn't for an $800K fixer upper), and get on down to San Diego... where its still on the pricey end compared to national levels, but the same quality place is about a 30% discount vs LA.

edit: Some how that article says LA and SD are comparable... absolutely not true. After years of searching for homes in both cities

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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

If you're only going to stay in a place a few years, renting is probably better Art_from_Ark Aug 2015 #5

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

i have looked at seattle denver and portland and came to that conclusion, lol. thanks. nt seabeyond Aug 2015 #14

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