Tag: renting

Not Building Equity?

One of the criticisms I received for selling my house in 2006 and going into the rental market was that I wouldn’t be building equity. Yes that is true. As a renter I wouldn’t have the opportunity to build [continue reading]

Renters Lose Money – 1 Year Later

One year ago, I explained in the post Renters Lose Money why I was renting and not buying.

I choose to rent rather than own because it’s A LOT cheaper today. Yesterday I got our building’s newsletter. It lists 9

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Renters Lose Money?

You always hear how renting is dumb and you are just throwing your money away. Under normal market conditions owning is a better financial decision than renting. However, real estate prices today in downtown San Diego are anything but … [continue reading]