Why buy when you can rent

So here I am looking at new places to rent. Crap. I don't understand how anyone can consider buying in this market (Los Angeles). I mean really how far can a 2 bedroom 1 bath that is 1000 sq ft appreciate? I mean they start at $450,000 for a dump. are we really that close to the time of million dollar starter homes? How can you qualify for financing? the wage laws have not increased in a comparable manner as to allow your average Joe to even consider a home.

It is all about renting. renting is cheaper, no responsibilities for the upkeep, no maintenance, and you can cram a ton of people in them if you want to lower the cost. Think of the things you could do with that extra money that you would be wasting on owning your own home. Plus with a thousand here and a few hundred there for water heaters, plumbing or whatever, thats gotta hurt! I am tired of hearing everyone complain about this and that with their house. When I have a problem I call the landlord and he fixes it. I am barely inconvenienced if at all. He finds the repairman, and schedules the repair. How sweet it that. Meanwhile the guy at works floor is flooding, he has to take the day off to deal with it, and then another day to have the repairman out to the house. weak.

After all who wants to build equity and have such a huge asset anyway? Its just another thing that some damn Iranian taxi driver will try to fraud me out of someday. ( sorry Joann)

that is the blog, for now.