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83 sats \ 11 replies \ @Aardvark 14h \ parent \ on: Is It Better to Rent or Buy? (The Economist/SN Magazine) econ

I love my current place, I don't imagine I'll be leaving soon. It's more of a living/shopping hybrid. I walk to the grocery store daily.

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88 sats \ 9 replies \ @freetx 14h

Yep thats one of the ideas that are driving me and wife to consider renting once the nest is empty. There are upscale rental development near us that has Whole Foods and anchor with 6 or so restaurants along the strip. Park + gym + etc.

Goal would be to also downsize to a single vehicle (not really for cost reasons, just less mental hassle), so that type of lifestyle is a big plus....

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64 sats \ 7 replies \ @Aardvark 14h

That's exactly the type of place I live. There's restaurants, entertainment, etc. My wife works from home, but both of the cars are paid off. There may be an argument to downsize to just one eventually though.

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70 sats \ 5 replies \ @Undisciplined 14h

Do you have personal property taxes assessed on your cars?

That plus insurance make multiple cars insanely expensive.

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68 sats \ 3 replies \ @freetx 14h

Luckily not a thing in TX. I do think some states do have that....Virginia I think?

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70 sats \ 2 replies \ @Undisciplined 14h

Some states, I know VA and WA, but lots of localities have them.

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63 sats \ 1 reply \ @Aardvark 13h

That sounds miserable.

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63 sats \ 0 replies \ @Undisciplined 13h

Yeah, we've mostly lived in low tax places and that will be another high priority if we move again.

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66 sats \ 0 replies \ @Aardvark 14h

No, I don't think that's a thing here. I've never heard of property tax on a vehicle. We do have registration fees but I think that's like 100 annually.

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42 sats \ 0 replies \ @freetx 14h
There may be an argument to downsize to just one eventually though.

Yeah, there are lots of ways to play it actually. You could downsize to one "bigger nicer" car and one beater (ie. 20 year old honda civic) for running around.

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49 sats \ 0 replies \ @Undisciplined 14h

We've always done single vehicle.

My parents constant complaints about their apartment definitely has me reluctant to rent, but I also recognize that they did a very poor job selecting the place they live.

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51 sats \ 0 replies \ @Undisciplined 14h

That's awesome. If we move again, being walking distance from stuff will be a high priority.

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