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how about a good old rent vs buy thread

Started by marco_m
over 15 years ago
Posts: 2481
Member since: Dec 2008
Discussion about
M+M = 2000 after tax deduction = 1400 equivalent rent =1500 10 yr time horizon. rent or buy ?
Response by matsonjones
over 15 years ago
Posts: 1183
Member since: Feb 2007

noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

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Response by buyerbuyer
over 15 years ago
Posts: 707
Member since: Jan 2010

if you bring rhino out of retirement you should burn in hell

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Response by middleclass
over 15 years ago
Posts: 39
Member since: Aug 2009

so if M+M increased by $100 the purchse price would be based on option value only - isn't this when you end up with the $1 penthouse?

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Response by middleclass
over 15 years ago
Posts: 39
Member since: Aug 2009

damn - it was one of my new year's resolutions to stop responding to rent vs buy threads - broke it already!!!

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Response by silentwaiter
over 15 years ago
Posts: 20
Member since: Jan 2009

Here's one:

Purchase: 2M + Mtn 2500 -- 50% down -- keep for 15-20 years OR
Rent: 11,000 per month -- for 6 years -- all children on their way to or finished with college by then
Family is not expanding.
We are New Yorkers living in Asia, 2 kids in boarding school and one going in next few years
Both scenarios: Corporate expat package would pay our rent or mtg for 2 years
P.S. -- have certainly not seen any apts that I just have to have

RENT OR BUY? What goes into the calculation?

Thanks for your thoughts....

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Response by beatyerputz
over 15 years ago
Posts: 330
Member since: Aug 2008

I've got one: buy for $1.6m (before transaction costs), $2000 maintenance. Or rent for $5300 a month.

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