How come nobody rents anymore?

[kwassa]

Everyone is an owner?

[CBHagman]

1. I'm nobody, and I rent.

And I approved this messsage. ;-)

[kwassa]

2. Is it time for nobody to become an owner?

[CBHagman]

6. Yeah, if the prices went closer to what they were in 2001.

The total cost of living -- fuel costs, transportation, and of course the all-important home prices -- shot up dramatically after 2001. What would have been quite affordable on my current income is now priced out of my range, and I am talking condos, including fixer-uppers.

[MrCoffee]

3. i rent, and i am somebody!

[kwassa]

4. Did Jesse Jackson tell you that?

I've heard you can't believe him.

[MrCoffee]

5. you know, it occurred to me after the edit period that

there was a completely unintended Jesse Jackson reference there that might be taken in a bad way.


i really didn't mean it like that. i was responding to your "nobody" in the OP subject line. and the nobody in the first response. and my overinflated sense of self-worth.


i didn't mean any offense. honest.

[kwassa]

18. I was trying to be funny, myself.

no offense taken.

[CreekDog]

7. I bought because at the time rents were going up too fast to keep up

that's where the 30 year fixed mortgage came in handy and is paying off down the line.

[cabraverde]

8. I am sure a lot of everybodies will be

renting again as soon as they get the house they could not really afford to buy foreclosed on.

[Kajsa]

9. Are you kidding?

I'm a renter in a population that
is 73% renters in my city.

Who in the hell can afford to buy a house in CA.?
( who doesn't have lots of money AND excellent credit, now?)

[KitchenWitch]

10. And if you can afford the mortgage, you would not be able to afford the property taxes and Melo Roos

[Gormy Cuss]

11. Mello Roos -- lovely little add on, isn't it?

We avoided it because we're in an area developed in the 1960s.

[KitchenWitch]

12. Yah!

Thankfully we do not have to pay them in our development. But by Irvine standards, our home is ANCIENT.

[Kajsa]

13. Amen, Kitchy!

That leaves many of us way out of bounds from
buying a house, here.

;(

[KitchenWitch]

14. Real estate is insane here.

[Kajsa]

15. I bet it was a real shock for you

coming from Minnesota.

;(

[KitchenWitch]

16. Yes.

The prices for everything were a real shock to me...

[DarkTirade]

17. I rent to pwn.

[GreenPartyVoter]

19. We own the trailer, but rent the lot

[RevolutionaryActs]

20. Dude, I work at a place that screens tenants for rentals.

We've never been so busy. I shudder for summer. :cry:

[SeattleGirl]

21. Hey! I'm somebody and I rent.

Houses around here are way over-priced, so I wouldn't buy one right now, even if I could. Seattle is one of the last places in the country to get hit by the housing problems, but it's starting here. Why buy a jalopy for a Cadillac price?

[mike_c]

22. I've rented all my life-- I can afford to buy a home, but I'd be crazy...

...to take the hit to my standard of living. My monthly rent is less than half the cost of an average mortgage in my community. The house I rent is either paid for or has a much lower mortgage payment-- the owner has had it for decades-- and I have a pretty sweet deal. I would more than double my housing cost if I bought property and would go from reasonably comfortable to house poor overnight. I'm tired of struggling to make it to the end of the month-- I don't have to now, most of the time, and going back to that struggle has no appeal to me at all.

[LeftPeopleFinishFirst]

23. I rent

I'm still a student though :)

[Rhythm]

24. We're sort of in-between...

We own our mobile home, but rent a lot in a large MHP.

I would like to live a little further out, but the aminities that come with the place (garbage p/u, water included... nice pool... bus service, ect...), and the reasonable lot rent, make this a good deal for while Oktoberain and i are still in school.