I bought a home soon after graduating from college, on a single salary. It was very affordable and small, and I invested sweat equity fixing it up. A few years later I have moved to expensive CA for a job, and I find that I pay 4 times what I payed in a mortgage just to rent a decent space here. I loved everything about owning, and I am planning to move somewhere more affordable again. Right now the cons outweigh the pros, and I can't justify a $400,000 mortgage for a 600 SF house with termite damage.
Why Do We Buy?
The Changing Face of Ownership
|8/12/12 5:47 PM|
While my lovely city is listed, I find these "Top Cities" lists to be completely subjective and non-scientific. Data is based on whatever the person who designed the list deems important. For example, if I decide hot dog stands make a city a fantastic place to live, my list would judge cities based on the number and availability of hot dog stands, and my "Best City" may not include more vital criteria such as hospitals per capita. In other words, these lists are totally based on opinion, and is not something that a real statistician would bother with.
America's Best Cities: Is Yours
on the List? Moving Week: Sponsored by Penske Truck Rental
|8/12/12 4:52 PM|