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What a retarded thread (although Jesus H. Christ & Amp's comments are interesting, and a few others). But still, what a retarded thread.
I live in New York City. NEW YORK FUCKING CITY MAN!! A (decent) 1 BR in a (decent) neighborhood is $3000+. LOL But to BUY that same 1 BR? $750,000+. Over a mil for a 2 BR.
There are only (IMHO) TWO reasons to own a house (and I actually do own one, too, in NJ, for my family):
1. You want "stability" to raise a family/set down "roots" in a community (school, activities, etc)
2. You want to make money through time/equity.
If you don't have either of those things going on then rent, and if you work on the Internet (so you can live anywhere) then live where the rents are cheap. (I live in Manhattan but in a "turning neighborhood" where the rent is only - only - $1200 a month, and I feel lucky. LOL)
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