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2290: Why Renting Will Make You Rich by FIRECracker

Optimal Finance Daily - Financial Independence and Money Advice

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The Benefits of Renting a House

When you own a house, that's what you'll be doing all the time. Forget about impromptu vacations or fun outings with friends. All your money goes towards feeding your insatiable house. Because I rented, I found a place within walking distance to work for a steal. There were a lot more affordable rental units than properties for sale. My rent was also fixed, so I knew exactly what to expect every month. Even with rents rising due to inflation, it couldn't go up more than 2% per year. And as a result of the extra time and flexibility, I could travel whenever I wanted,. Work on my own projects and stay fit. Renting lets me diversify

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