This article is part 2 of a series. See also: Why I prefer access to ownership, part 1: cars, books and more
I like the idea of not owning a place to live, but instead having access to well-designed living spaces that I can use as needed — like Zipcar, but for housing.
Since I didn’t purchase real estate until later in life (and right before the housing crash), I never made money from it or built equity (since I had 100% financing). It’s currently breaking even as a rental and when the value comes back up to a little more than I owe, I’ll probably sell it, since I don’t want the responsibility of owning something in a city where I don’t spend much time. Continue reading “Why I prefer access to ownership, part 2: housing”