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The Water Cooler
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High Rent Prices
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<blockquote data-quote="wawazat" data-source="post: 3899214" data-attributes="member: 35603"><p>When I was single, I saw renting as a luxury good because I liked the ability to be flexible and chase O&G jobs. I rented a place that included lawn care, so all of my upkeep was just keeping the inside tidy and clean. I would fix the little stuff myself because I was capable and it was less hassle than asking the owner to schedule repair guys.</p><p></p><p>Owning a home is a great way to hedge against inflation though. Now that I have a family, I see more value in providing a stable home for them. In this scenario, owning a home is a luxury good even though I really dislike having to take the time to fix little stuff and keep up with a lawn, etc. My natural disposition is to value experiences over stuff, but sometimes those experiences are enhanced by stuff and the value and security it provides people that I care about.</p></blockquote><p></p>
[QUOTE="wawazat, post: 3899214, member: 35603"] When I was single, I saw renting as a luxury good because I liked the ability to be flexible and chase O&G jobs. I rented a place that included lawn care, so all of my upkeep was just keeping the inside tidy and clean. I would fix the little stuff myself because I was capable and it was less hassle than asking the owner to schedule repair guys. Owning a home is a great way to hedge against inflation though. Now that I have a family, I see more value in providing a stable home for them. In this scenario, owning a home is a luxury good even though I really dislike having to take the time to fix little stuff and keep up with a lawn, etc. My natural disposition is to value experiences over stuff, but sometimes those experiences are enhanced by stuff and the value and security it provides people that I care about. [/QUOTE]
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