For the past 15 months or so, I’ve been a renter, after being a homeowner for about four years. When my wife and I owned a home, we spent many thousands of dollars on repairs and upgrades, used about half of the available space, and often felt angst about the housing market and stress about what sorts of things we needed to do next to keep our home in good working order. We then sold the house and cleared just enough money to pay the realtor’s commission. We rented a place much more to our liking, in a much more desirable location, pay less rent than we paid in mortgage, and lowered our home maintenance costs to a rounding error. (Contrast that to my home maintenance bills, which in the first year of home ownership added up to more than we paid in rent the previous year.)
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