OCC: Waaah

[Randimus Maximus]

Anyone see the episode last night (not sure if it was a re-run or not) of Paul, Paulie and Mikey dissecting where everything went wrong?

Not really sure what the point of the episode was as I fell asleep before it finished. 

[Monsterlover]

I watched.

Its like a train wreck

I can't stop looking

[ducatiz]

Anyone see the episode last night (not sure if it was a re-run or not) of Paul, Paulie and Mikey dissecting where everything went wrong?

Not really sure what the point of the episode was as I fell asleep before it finished. 

at what point did they realize their heads were up their own asses?

[The Architect]

I watched.

Its like a train wreck

I can't stop looking

My wife made me watch it.  She analyzed the whole father son relationship, etc....  She asked me if the show was always this good.   

What?

I never thought she would watch that show. 

[pitbull]

I have bought and sold 6 houses in the last 25 years since coming to America.I rent a room now it costs me x amount per month. I actually like the idea of not owning. I dont pay any utility costs dont pay any taxes on it, no ins on it other than my renters ins and no maintainence costs. I come and go as I please with zero commitment. For me,this is a perfect situation. I live in a very nice home with a super guy and everything is extremely zen and nice.I also get a garden to pay in and that is a plus!
Plus this arrangement helps the guy I rent from pay the bills which keeps someone else in a home in these uncertain times.I wont ever hand have no intention of ever buying a home again. They are money pits which you never really own. If after it is paid off you fail to pay your property taxes for 3 years the state will take it from you. So really it begs the question ................do you really ever own. If you spend 30 years paying it off why then does the state have the power to take something from you that is not theirs to take? You dont own it they do. Just my opinion and I know that some of you will agree and some of you wont. Sorry about the threadjack.

Over the last few decades we Canadians and Americans have been hard sold the idea that if you don't buy property you're a fool paying someone elses mortgage by renting. Your comments regarding maintenance costs, property taxes, and other significant home owner expenses are spot on. The truth is, one could rent for a lifetime, invest money wisely and come out at retirement time in the same financial place, or better, than they would have buying a home as a long term investment. At retirement time you could actually realized those investments whereas many home owners will never realize their investment as they leave the home to their children, living in it till they pass or go into a home.

Certainly buying a home within your means is often an excellent investment, but it's not the only way to skin the 'building for retirement' cat........and as you mentioned, there is often simply much less stress attached to renting and not having to be responsible for the long term condition of the home.