(Closed) Any apartment renters on the Bee?

posted 7 years ago in Home
Post # 32
Member
11517 posts
Sugar Beekeeper
  • Wedding: May 2014

@PositiveThinking  We rent and yes, it bothers us sometimes.  We plan to buy, but paying the prices here is just ridiculous.  We’re both from the east coast where, while expensive, things aren’t nearly as bad as here.

Post # 34
Member
7199 posts
Busy Beekeeper
  • Wedding: October 2015

@PositiveThinking  I was talking to my BFF about this. Neither of us are in any place to be able to afford a house right now and it feels like we might never be. The world has changed. My parents bought a house relatively early in their marriage, but I know ONE couple our age in California who owns their home and I think they must have inheritance money or something because she’s a new teacher & he is in school. We have VERY successful married friends and none of them can afford a house. 

So don’t fret. It’s perfectly normal to rent. 

Post # 35
Member
401 posts
Helper bee

Yup, renters here!

 

We both work and hang out downtown…so commuting from the suburbs was costly and time consuming…so we rent a gorgeous apartment right on the water in the most posh area and ENJOY life. We have extra to spend as well. If we had a mortgage, we’d be stuck back in the ‘burbs and strapped with property taxes, repairs, etc.

 

Nothing wrong with renting. We’ll buy down the road, when our lives settle down and AFTER the wedding hehe (otherwise I don’t know how we’d afford one if all our savings are sunk into a down payment) Foot in Mouth

 

Post # 36
Member
831 posts
Busy bee
  • Wedding: May 2013

My husband and make decent salaries here and we can’t afford a home here yet. Well, we COULD buy a home but I refuse to buy something so small for so much $$ and without an adequate down payment. We are a couple years away. We are actually probably going to eventually buy in NJ where it’s slightly less expensive and we can at least get something bigger than a small 2 bedroom condo for the price.

Half of my friends who own places are either upside-down, in significant credit card debt or have virtually no expendable income because they bought more house than they could afford. So I just count my blessings and try to look on the bright side of the situation and remind myself that while we are doing it slower we are doing it the right way. We are in a better place financially than a lot of home owners.

Post # 38
Member
3552 posts
Sugar bee
  • Wedding: August 2014

We’re renting and don’t have any house buying plans anytime soon. I still plan on going to grad school and we’re not sure where we’re going to settle yet, so renting makes sense for us. We’re also only a year and a half out of college right now and none of our friends owns a house. We’re just not at that stage of life yet.

Post # 39
Member
2167 posts
Buzzing bee
  • Wedding: May 2014

@PositiveThinking  FI and I rent for the time being and no, we absolutely do not feel like failures. Life throws you curveballs…it hardly ever works out exactly as you want it. Sounds like you are living pretty comfortably in your apartment and doing ok for yourselves. Besides…life is very long you know and anything can happen to change things. I’m sure you will own a home at some point, but I don’t see much point in getting upset about it just because it is not happening RIGHT NOW. I can’t imagine ever being ashamed of my husband for not being able to buy a house right away.

Also don’t forget how nice it is as a renter not to have to worry about maintenance and upkeep. Every time my Mom tells me how my sister’s basement flooded or my brother’s hot water heater died I thank my lucky stars I have a landlord who looks after all that shit for me.

 

 

 

Post # 40
Member
297 posts
Helper bee
  • Wedding: October 2014

View original reply
@PositiveThinking  I think we are the same person!! My Fiance and I are renting and it is “looked down on” by his family. UMMM SORRY! But I’d rather RENT and be HAPPY than OWN and end up on the street!!

Fiance tells me everything, and there has been MANY occasions when I have said something that “offended” his parents; i.e. Doing a “Biggest Loser” competition and I lost 3lb one week – to which i yelled out “THREE POUNDS BITCHESSSS!” – talking to the scale, not his MOTHER!!!! They were APPALED. WHATEVAAAAAAAAAAAAAAA! I don’t say “goodbye” well enough apparently either. I don’t care anymore. I am who I am.

Post # 41
Member
1647 posts
Bumble bee
  • Wedding: August 2013

I actually prefer renting!!!

Owning home is only one kind of equity, honestly it isn’t the ONLY sign of success there is out there. Fiance and I have combined a lot more savings than the average American but we’re not buying a home soon because 1) we don’t value home ownership 2) we understand equity markets / bond markets / etc. better and feel more informed investing there. I also believe in never buying something you cannot afford. I used to have a condo at a point in my life and it was hard making payments on it. Rent is one of the most flexible parts of your expenses. I’d much rather have the ability to half my rent if I have to than be stuck with a house. 

Post # 42
Member
3281 posts
Sugar bee
  • Wedding: January 2014

Heck yeah we rent! We live in Manhattan, haha.

Post # 45
Member
1332 posts
Bumble bee

I bought my first house last year at the age of 35 in a very expensive city. I liked what my dad says which is people don’t “own” homes. They are still paying the bank after all! 🙂

Owning isn’t for everyone. It can be an expensive headache. Enjoy renting and save your pennies for a day when you would like to own.

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