logo
backtop

(Created on 7th October 2018)

Vote #578

The following question was presented:

My biggest dilemma right now is what to do on the housing front. Kind of bored with my apartment and the rent keeps going up. There's actually not a lot of rental choice on the market either. Housing market as basically stalled and potentially looks like it might crash. What should I do for housing?

Results:

Find somewhere else to rent was the clear winner with 60% of the votes selected from the following:

  • Stay in your apartment (20%)
  • Find somewhere else to rent (60%)
  • Buy somewhere (20%)

Graphic of Results:

bothcharts

Analysis:

Well, I've decided to stay where I am, but continue to look for somewhere to buy. Want to keep my eyes on the market to see what's happening and don't want to rush into a decision. I did the economics and it's not too bad to stay and cut the lease early if I find that amazing property. Doubt that will happen as I'm not really the kind of guy that just falls in love with a house.

Comments:

0 comments