This is Sparta! (dracadancer) wrote in thequestionclub,
This is Sparta!
dracadancer
thequestionclub

The rent on my apartment is going up about 25% this year if I renew my lease. I like where I live and I could afford it if I stay, but at the price I would be paying I might as well get a place of my own. I've got enough money saved up for a down-payment on a place but I'm very iffy about getting into the housing market right now.

If you were me would you,

A) Stay in my current apartment and just take the hit of the 25% rent increase?

B) Move in with a friend that's got an apartment almost exactly like the one I have now but it's all the way on the other side of town?

C) Buy a small house?

D) Buy a good sized condo?
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