The freedom of mobility when renting is a big plus for me. If I find a different place that suits my needs better, I can just give my notice, clean out and move. I don't have children or a spouse, but I can see those as being potential motivating factors to have a stable, concrete place to become attached to. Moving can be expensive, but it's much more expensive if you have to sell your home rather than just give it a good cleaning. Plus, all this is assuming that the home won't see any major damages during the course of ownership. I bet a lot of people in the midwest recovering from the recent floods are wishing they had put their money into something other than their homes, upon discovering that some insurance policies do not cover damage due to floods or "acts of god".
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The freedom of mobility when
Submitted by Mary on September 4, 2007 - 16:43.
The freedom of mobility when renting is a big plus for me. If I find a different place that suits my needs better, I can just give my notice, clean out and move. I don't have children or a spouse, but I can see those as being potential motivating factors to have a stable, concrete place to become attached to. Moving can be expensive, but it's much more expensive if you have to sell your home rather than just give it a good cleaning. Plus, all this is assuming that the home won't see any major damages during the course of ownership. I bet a lot of people in the midwest recovering from the recent floods are wishing they had put their money into something other than their homes, upon discovering that some insurance policies do not cover damage due to floods or "acts of god".