TaxRECapGainsIn09

Better to Rent than Buy a Home

I agree with most of your pts, but the idea that renters are screwed by ***hole neighbors and owners are not is way off.

The renter can give notice and get out of Dodge. The owner has to call up a friendly realtor and donate 6% of the home's worth to move. Big diff.

That said, happy renting y'all.


On Feb 04 12:42 PM sr9web wrote:

> All these chart and experts who say "rent, don't own" are talking
> out their butts.
>
> Why do I say that?
>
> Because it's NOT an "apples to apples" comparision.
>
> When you own your home, you control the environment and the premises.

>
>
> - You say who comes and goes
> - You keep the hours that you please
> - You can change your transmission in the driveway if you want

>
> - You can BBQ on the back deck in you want
>
> Etc., Etc., Etc....
>
> It's only in theory that the rights on tenancy which are supposed
> to vest to a renter are actually fully realizible.
>
> In actuality, renters get sh*t on all the time by *sshole neighbors,
> idiot landlords, cops, lunatics, etc, etc.
>
> And at the very least, when doing a risk comparision, you need to
> factor in the risk of RENT INCREASE and the risk of LOSS OF UNIT.

>
>
> Simply put, when you rent, your control over your residence is very
> tentative.
>
> It's MUCH MUCH better to own.
>
> I own a 5 bedroom 3.5 bath split level in the suburbs West of Boston
> and my FIXED mortgage is less than $1,500 a month.
>
> I have a full-size family living comfortably, with plenty of elbow
> room and storage space.
>
> This deal can not be duplicated - not even close by renting!

Let Warren Buffett Handle Your Portfolio

He's going to buy CHK next. Mid-American, Pipelines from Enron, COP, there is a nat gas theme with BRK-A that's going to continue.

Natural Gas Demand Continues to Decline

CHK finds itself in the "Jaws" scenario. They're gonna need a bigger boat. BP and CVX would do well to consider buying them. Where else are you going to get the quant and qual of assets that CHK has found in the last few years?

San Juan Basin Royalty Trust: Earnings Estimates Are Too Low

how is it that we spend $150B a year on Iraq and get no oil, but when the demos propose $15B a year for alternative energy, that is unacceptably high. hope Bush has a great retirement, and is selected CEO of an artificial limbs maker. if not, let's promote a cage match between Bush and bin Laden with flamethrowers. whomever comes out alive gets 50% of the pay per view take, the rest goes to Iraqi orphans and hospitals.