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Renting is perfect for your situation. My concern is the huge number of people of all ages who have nothing set aside for retirement, either in a 401K/IRA or real estate. Lucky people live long enough to become old and retired, and they still need a place to live. Social security may feed them but that's about it. Unlucky people become sick or disabled and can't work, and they still need a place to live. They're all going to go on some sort of government assistance. And yet so many of these people are destitute but don't know it because they have a few shiny toys to distract them from reality.
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[–] NeedMoarGuitars ago
Renting is perfect for your situation. My concern is the huge number of people of all ages who have nothing set aside for retirement, either in a 401K/IRA or real estate. Lucky people live long enough to become old and retired, and they still need a place to live. Social security may feed them but that's about it. Unlucky people become sick or disabled and can't work, and they still need a place to live. They're all going to go on some sort of government assistance. And yet so many of these people are destitute but don't know it because they have a few shiny toys to distract them from reality.