A few years ago, I was nearing the end of my apartment lease. I was a 29-year old single guy who was tired of apartment hopping, so I started to contemplate buying vs. renting.
For the previous decade, I had avoided the idea of homeownership for the following reasons:
- I wanted to stay free and not “committed” to a geographic area.
- I wanted to wait until after I was married to buy so I could “settle down.”
- I didn’t want to mow grass on the weekends.
- If something broke, I didn’t have to take care of it—and I liked that. [Read more...]