The New American Dream

I lived in one of the first apartments I had after college for several years before the LL forced me to move by hiring his nephew to clean the hallways instead of me and doubling my rent.  I did not want to buy a house I wanted to rent so I could invest all my money and avoid having to mow the lawn.  I could argue that I would be further ahead if I would have continued to rent instead of putting 40% down on my first house. Yes you read the right. I bought my first house for $35,000 and I put $15,000 down. And that was not borrowed, I saved it.  These day are on the way back Check this article out. Is renting all that bad? I vote no.

http://money.cnn.com/2010/04/14/markets/thebuzz/index.htm