Originally Posted by
Spartana
So true = I am endlessly trying to decide which is better - to rent or to own. I think from a long term financial perspective owning a modest (and hopefully paid off) house is probably the wisest thing, but renting sure frees up both your time and your money to pursue other things in life. I'm able to rent now that I only have one small dog (had 3 dogs not too long ago, one large, so owned a home) and have often wondered if I could continue renting for the rest of my life I love it so much. But financially...er... I don't know. Rental prices rise fairly quickly over a person's life time and what is affordable now, may not be in 20 or 30 years even if one is willing to just live in a studio apt in an inexpensive part of the country. With owning a paid off place, you always have that roof over your head and , in most cases, your annual expenses could be less than ever increasing rental fees.