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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I agree with the group thus far on this one. One should take stock of where they are in life, where they plan to be in 5-8 years before deciding what is best for them, buy or rent.

I have always said that owning a home is a privilege not to be taken lightly, not a right, or a "must"! 

Oct 19, 2015 08:14 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

No. The owning a home is like a long term commitment relationship, not everyone is ready for that. Renting life is much easier.

Oct 20, 2015 03:28 AM
Rainmaker
4,572,117
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

No.   

Oct 20, 2015 12:37 AM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

No.  Home ownership is a huge commitment and investment.  It's not for everyone.

Oct 19, 2015 11:07 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, not everyone should own a home....we all need shelter, and that's what rental properties are for.... 

Oct 19, 2015 10:49 PM
Rainmaker
1,390,113
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

I don't think it's a lifestyle that suits everyone.

Oct 19, 2015 08:35 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Tuesday morning Tony. No! There are some folks that need to rent.

Oct 19, 2015 06:48 PM
Rainmaker
856,021
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

No I don't.  There are many responsibilities that come with a home.  Finacially and work wise.  Some people are just not ready for either.  mark

Oct 19, 2015 05:49 PM
Ambassador
3,164,269
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nope, which is one reason we see so many foreclosures in terrible condition.

Oct 19, 2015 03:24 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Definitely not in Silicon Valley, CA.  Mark Zukerburg was a rental for years before he got a home. 

Oct 19, 2015 02:07 PM
Ambassador
1,452,819
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

SHOULD is a word I try not to use!  To each their own and as Barbara Todaro wisely said, everyone is entitled to SHELTER and that is quite different.

Oct 20, 2015 01:02 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

That is a personal choice with many variables to consider, all of them personal.

Oct 20, 2015 12:41 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Everyone wants to have a roof over their head but owning it is a whole different state of mind. It's not for everybody.

Oct 19, 2015 10:34 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

No, not everyone should own a home.

If they are impatient, proven to be poor caretakers and incapable of saving or budgeting, they are poor candidates for home ownership.

Would I help the same buy a home? That's a different issue.

Oct 19, 2015 10:14 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

No.  Some people don't want the responsibility.

Oct 19, 2015 10:00 PM
Rainmaker
911,328
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

They should  have a home, but they don't need to actually own it. It can be too stressful for many to own, especially if they are in military and could be moving a lot.

Oct 19, 2015 08:41 PM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

There are those who are not ready to own.

Nov 23, 2018 11:13 PM
Rainmaker
2,486,205
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Well, different strokes for different folks.. 

Oct 20, 2015 01:25 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No, I do not.  First of all, it would kill the rental market.  But seriously, not everyone can afford to buy.  Some people move around too often and some just don't have the fortitude to take care of a home and would rather call the super everytime something leaks or a bulb goes out.

 

I used to work with people who would change jobs every couple years and move to a place close to work and even relocate to a different part of the country.  Those people can't physically put down roots, so owning a home is not an option for them.

 

Inna Ivchenko said it best, owning a home is like a long term committed relationship.  Renting is like dating with a lot more freedom.

Oct 20, 2015 11:04 AM
Rainer
2,010
Maurice Goodlow
security Pacific Real Estate - Richmond, CA
R/E broker associate serving SF east bay.

No.

Oct 20, 2015 09:52 AM
Rainmaker
5,868,482
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

No, have a neighbor across the street that should still be renting, they are a mess!  Some are not prepared for homeownership and all the responsibility it comes with! 

Oct 20, 2015 01:50 AM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

funny, none of the answers address the money in another  investment  vehicle ? thou 3% down, and paying 4% a year, and having 3% appreciation on a 97% additional value is pretty good.

Oct 20, 2015 01:03 AM
Rainmaker
2,781,163
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Absolutely...there is something about having skin in the game. Any game!

Oct 20, 2015 12:52 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Of course not, many are not prepared for the responsibility. Others are young and before they commit they need to feel some sense of permanence. Home ownership has always been plus or minus around 66%.

Oct 19, 2015 10:28 PM