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View Diary: You Did it:thank you all esp. Aji and Kitsap River (51 comments)

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  •  yes, but here we talk about rents, not a (2+ / 0-)
    Recommended by:
    Charles CurtisStanley, GreyHawk

    mortgage. I assume that people who rent mostly can't afford to buy in the first place, or don't know for how long they can stay at the same place to afford to buy.

    I figure that even though I bought into something relatively modest and didn't get into a dependency of mortgage payments I couldn't afford, changing into retirement status and living with less monthly income, forces me to sell. That again is much harder than it ever was due to the real estate market today compared to times before 2008.

    So, there is almost no escape anymore for many people, to not get somewhat "hurt" by the whole situation.

    Way too complicated to find "affordable" rentals, especially in big cities.

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