Dave Ramsey Says Renting Is A Smart Financial Move To Avoid Becoming ‘House Poor’ Well-known financial adviser Dave Ramsey said renting is a strategic choice — not a waste of money. It can save people from becoming ‘house poor,’ a situation where owning a home stretches your finances too thin, leaving little room for other […]
Tag: renting
How much can you save renting with a roommate in San Diego?
SAN DIEGO (FOX 5/KUSI) — An expensive housing market has forced many to go the renting route in the United States. To show how pricey it is, San Diego was named as the most unaffordable metro area in the country to live in for 2023-2024, according to U.S. News & World Report’s real estate rankings. […]
A Black couple defied racism by renting to a Chinese family. Now comes $5 million in thanks
Every morning, Lloyd Dong Sr. would take the ferry from San Diego to Coronado, where he worked as a gardener for wealthy homeowners. And every night, he would retreat back home across the bay, barred by racially restrictive housing practices in the early 1900s from renting or buying his own house in the town. Gus […]
Coal company ordered to pay $9.1M in overdue fees for renting the Grant Town Power Plant
Feb. 24—FAIRMONT — The long running saga of a corporate landlord chasing its overdue tenant for rent money came to a conclusion Friday with a final order from West Virginia Business Court Judge Michael Lorenson. American Bituminous Power Partners must pay roughly $9 million dollars in back rent to Horizon Ventures. Ambit also owes Horizon […]
Warren Buffett Still Lives In The Home He Bought Back In 1958 For $31,500 — It’s Worth $1.43 Million Today And He ‘Couldn’t Imagine Having A Better House’ — But Says He Would Have Made ‘Far More Money’ Renting Instead
Warren Buffett, the Oracle of Omaha, is celebrated not only for his extraordinary wealth, estimated at $130 billion, making him the sixth richest person worldwide, but also for his remarkably modest living. Residing in the same Omaha house he purchased in 1958 for $31,500 — about $336,163.86 in today’s dollars, which represents a minuscule fraction […]
Hialeah approves restrictions for RVs. Will it stop people from renting them as housing?
The City of Hialeah wants to establish law and order by preventing the illegal rental of mobile homes as alternative housing in the face of the affordable housing crisis. “There are many people who are taking advantage of Hialeah, people who do not live in the city, thinking that Hialeah is the Wild West,” Mayor […]