What’s the point of owning vs renting? Genuine question. I’m in an extremely HCOL city in Canada. What would be the actual benefit to buying a million dollar home, having to put $200,000 down, and then being tied to that place and responsible for any crazy expensive repairs (roof, foundation issues, etc). I could invest that $200,000 or let it sit in a HYSA, and rent a nice place for…

Renting at a loss or selling at a loss. We bought a house almost 2 years ago at peak market time and since then we’ve moved out of state. The home has been up for sale for half of the year but not getting much foot traffic. Realtor wants us to lower the price but we don’t have the cash on hand to cover it. Right now we’re as low as we can go without getting into the negative. We don’t…

What is the new norm for renting? Hello. For background I lived with my parents throughout college, so I have no real reference on what’s overkill/optimal for rent. I recently graduated and got a new job lined up. Starting pay would be ~ $30/hr, 40 hrs/week, single, no kids and preferably would like to live alone. With putting money into savings I’d be taking home every two week…

Is renting forever a mistake? 32 yo male, high COL area, expensive real estate market that isn’t cooling off. Never want to have kids. No pets. No debt, good credit. Living below my means. Planning an early retirement. I contribute over 4k a month currently towards retirement investments (Roth, 457, brokerage account) and make enough to pay rent in my desired neighborhood. …

Renting A Car In France Hey all! I’m an experienced traveler but I’m about to do something that feels a bit intimidating. My father and I will be taking a trip to Northern France to re-trace the steps his father took during the Normandy invasion. We fly into Paris on a Saturday, and need to be back in Paris the following Thursday night, giving us a solid 5.5 days to ex…

Is it feasible renting out rooms in your own home? I bought my first home a few weeks ago, and spent the last couple of weeks renovating and moving in. Initially, I wanted to buy a duplex so that I could live in one unit and rent out the other, but with my budget I was only able to get a townhouse, but it was on a great deal (sellers were desperate to move). I have 5 bedrooms, a bathroom and a …

Renting for the summer in South Africa Hi! We are a family wanting to get away from Europe, to South Africa for a month or two in February to March. Where would you recommend to rent a house in SA? Somewhere nice and safe, preferably close to the ocean, with good restaurants nearby. With a decently high budget. Some friends recommended Scarborough for example. Any advice is appreci…