Should I Stay or Should I Go?

"Wobbles the Mind" (wobblesthemind) 04/19/2017 at 20:46 • Filed to: Reconcile the Domicile

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No context given, no bias presented. Just vote “stay” or “go.” *confetti sparkles* pluublublublublu... (that’s the sound of confetti sparkles falling to the ground, amplified obviously).

That Bastard Kurtis - An Attempt to Standardize My Username Across Platforms > Wobbles the Mind 04/19/2017 at 20:59

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Stay 6 months, short enough that you can be out quickly plus a pretty good low rent price relative to the other times.

Dr. Zoidberg - RIP Oppo > Wobbles the Mind 04/19/2017 at 20:59

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Ok, I’ll be that guy: nononononono

I’ve owned and daily’d three cars for less than some of these numbers.

Matt Nichelson > Wobbles the Mind 04/19/2017 at 21:01

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Go and buy a house. Renting is just throwing money away.

Dr. Zoidberg - RIP Oppo > Matt Nichelson 04/19/2017 at 21:05

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In most places you can get a hell of a lot of house if you have an extra $1000 floating around.

CompactLuxuryFan > Wobbles the Mind 04/19/2017 at 21:10

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Kinda need context. I’ve never even seen anywhere giving that many term options. The MTM amount won’t get you anything close to a bedroom where I live (SF) so I can’t relate to some of the other answers...

Sovande > Wobbles the Mind 04/19/2017 at 21:17

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Need location context too. Where I live those would be the rental rates from like 15 years ago. Median home price here is something like $515,000.

XJDano > Wobbles the Mind 04/19/2017 at 21:39

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GO

If you must, 6 months. But I say go by the end of that. At those rental prices you should be able to buy for same or less. Unless your job moves around and requires rentals over purchases.  

I previously bought at height of market, then at a low. Got a crap deal on first house, great deal on second.

V8Demon - Prefers Autos for drag racing. Fite me! > Wobbles the Mind 04/19/2017 at 21:43

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Depends....Where are you?

Those are screaming deals where I am....

wafflesnfalafel > V8Demon - Prefers Autos for drag racing. Fite me! 04/19/2017 at 21:48

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yeah - I was paying that kind of money for a 1 bedroom, ground floor 15 years ago out here.

notsomethingstructural > Wobbles the Mind 04/19/2017 at 22:15

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6mo or GTFO

smobgirl > Wobbles the Mind 04/19/2017 at 22:50

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Way cheaper than renting or buying anything here.

pip bip - choose Corrour > Wobbles the Mind 04/20/2017 at 06:47

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go.

MoCamino > Wobbles the Mind 04/21/2017 at 10:17

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Depends on where you are and how big/nice the place is. If you’re in SoCal, you’re probably getting a great deal. (Given the price I doubt it’s SoCal.) If you’re in southwest Missouri and it’s a crappy one bedroom, you’re getting ripped off and need to move. With all that said - if you can afford to buy rather than rent, you would be far better off in the long run.