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Do you expect to own or rent your next home?

Response Percent Votes
Own
 
67% 273
Rent
 
32% 129
Total 402

Comments

JackMcKee 2 years, 5 months ago

In Lawrence the obvious trend in renting.

0

RoeDapple 2 years, 5 months ago

My next home will be 6 feet under most likely. Rented or bought, won't make much difference to me.

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Richard Heckler 2 years, 5 months ago

ENTITLEMENT - Bailing out The Reagan/Bush Savings and Loan Heist aka home loan scandal sent the economy out the window costing taxpayers many many $$ trillions (Cost taxpayers $1.4 trillion), Plus millions of jobs, loss of retirement plans and loss of medical insurance. http://rationalrevolution0.tripod.com/war/bush_family_and_the_s.htm

ENTITLEMENT - Bailing out the Bush/Cheney Home Loan Wall Street Bank Fraud cost consumers $ trillions, millions of jobs, loss of retirement plans and loss of medical insurance. Exactly like the Reagan/Bush home loan scam. Déjà vu can we say. Yep seems to be a pattern. http://www.dollarsandsense.org/archives/2009/0709macewan.html

Considering the above entitlements and what appear to be the pattern of the future renting may well be the "smart option". If politicians and the financial industry can destroy the economy and property values at their leisure how smart is it to go into debt only to discover you suddenly owe more than the property is worth? Through no fault of property owners.

If politicians and the financial industry can destroy the economy and property values at their leisure how smart is it to go into debt only to discover you suddenly are unemployed for who knows how long? Yes the job you had went to China,Pakistan, Iraq or Mexico.

USA corporate America has become anti american, unfriendly to local economies and unfriendly to taxpayers. Why should taxpayers hand out tax incentives knowing a corporation could possibly export USA jobs at the drop of a hat?

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jhawkinsf 2 years, 5 months ago

Own or rent? One word was sufficient.

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rockchalker52 2 years, 5 months ago

Same as Roe, 'cept maybe an urn or a sprinklefest somewhere. Meanwhile, while you're still here, owning is usually your best long term option.

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George Lippencott 2 years, 5 months ago

Math will determine. Right now renting looks good. Buying a home where the tax savings on the mortgage is considered may just be a bad bet when Uncle Sam changes the rules after the game is played

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Clara Westphal 2 years, 5 months ago

When taxes go up, the renter is affected also because the owner passes the tax hike on by raising the rent.

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George Lippencott 2 years, 5 months ago

Of course but that applies to property tax. I am talking income tax where it is a deduction. Be nice if the landlord passed ,on deductions??

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George Lippencott 2 years, 5 months ago

Your right about the landlord. Cost of doing business as property taxes can also be booked.

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sigephandy 2 years, 5 months ago

Renting, trying to save for a down payment. Not much luck yet.

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Armstrong 2 years, 5 months ago

As bad as the housing market is, now is a good time to find homes well below market. I'm looking at a second possibly to rent later or sell if the market comes back

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CHEEZIT 2 years, 5 months ago

In a van down by the river!!!

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