Quote:
Originally Posted by milomilo
If you want to assume everyone renting is an idiot/poor, go ahead. Although it is frustrating that people who would be financially better off if they didn't buy still keep piling into the housing market, needlessly inflating it.
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That’s because they wouldn’t be better off financially. In less than two years my mortgage will be be paid off and I’ll have a $600-$700,000 house that I won’t have to pay to live in. Rents are probably going to be $3000 a month in 15 years, but I won’t have to worry about that.