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Candice A. Donofrio, 928-201-4BHC (4242) call/text (Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker)

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Rainmaker
1,102,470
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

If you don't know the area well and are not sure you like it - don't buy a house
If you're only gonna be there less than a few years - don't buy a house

If you just got married or divorced - don't buy a house

If you are planning to grow a family - don't buy a house (immediately)

If your finances could change dramatically in the next few years - don't buy a house
This may be a future blog post . . . LOL

Apr 26, 2023 08:52 AM
Ambassador
3,271,024
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
The best agent in Southern Utah!

False, not everyone because along with home ownership, comes with a hefty amount of responsibility like making the monthly mortgage payments on time, every time, make repairs, buy new appliances when they break down, pay the taxes, utilities, etc. Some people are better off renting.

Apr 26, 2023 07:17 AM
Ambassador
5,172,508
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

False. Owning a home is good for many, but not everyone.

Apr 26, 2023 08:33 AM
Ambassador
2,709,473
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 False

  Government wants CONTROL of everyone.  Pushing so-called Home Ownership is a means to that end.

    

Apr 26, 2023 07:27 AM
Ambassador
3,214,209
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Big fat false.  Some people are not responsible enough to care for a home.

Apr 26, 2023 08:46 AM
Rainmaker
2,526,643
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

No! Not everyone is cut out to be a home owner Candice A. Donofrio . Some people are not even good renters. Some people just need to be institutionalized. 

Apr 26, 2023 08:12 AM
Rainmaker
889,106
Eileen Burns 954.483.3912
Trans State Commercial Realty Inc. - Fort Lauderdale, FL
FLorida Real Estate Connector

False.   Not everyone takes responsibility seriously enough to save money, qualify for a mortgage and take good care of a property.😎

Apr 26, 2023 08:00 AM
Rainmaker
1,448,633
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Home ownership is best for most but not for all.

Apr 26, 2023 07:28 AM
Rainmaker
1,539,804
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

False.  Not everyone is cut out for it, nor is everyone financially responsible enough or in a job/career with a stable location.

Apr 26, 2023 09:48 AM
Rainmaker
1,262,707
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

False. It's ok for the government to encourage and even have programs to help

Apr 26, 2023 07:58 AM
Rainmaker
1,294,597
Peter Mohylsky,
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

False.  Despite what the media is telling you.  Home ownership is not for a lot of folks.  It is a big investment and as with all investments come with risk.  

Apr 26, 2023 07:34 AM
Ambassador
2,122,772
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...

In my humble opinion, the answer is no. 

Many people who currently own homes aren't really in a position to own one.  Some are living beyond their means, some have no idea what's involved in maintaining a home, and some would simply do better moving back home with mommy and daddy.

And some... well, I find myself wondering who ties their shoes for them.

Apr 26, 2023 10:07 AM
Rainmaker
1,870,653
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

False, somethings are not meant for everyone.

Apr 26, 2023 08:06 AM
Ambassador
3,432,801
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

 

THAT IS A HUGE BIG FAT

 

FALSE

 THEN AGAIN, I MAY DEPEND ON HOW THEY IDENTIFY!

 

Apr 26, 2023 07:58 AM
Ambassador
2,580,217
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

No. There are plenty of people who don't WANT to own a home. There are plenty who cannot take care of a home they own. There are people who move to often to own a home. Rentals are great for many people.

Apr 26, 2023 05:57 PM
Rainmaker
618,892
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

FALSE, but everyone should have the equal opportunity to obtain the goal of homeownership!

 

Apr 26, 2023 12:35 PM
Ambassador
2,329,398
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

False.

Apr 26, 2023 11:05 AM
Rainmaker
5,211,337
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I think it is a good investment for people over the years.

Apr 26, 2023 08:44 AM
Rainer
416,394
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

no way.

Apr 26, 2023 08:32 AM
Rainmaker
663,593
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Everyone has the opportunity to own a home in our great nation , but it's a false statement that everyone SHOULD own a home.

Apr 26, 2023 05:42 PM
Rainmaker
1,766,078
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

False, but it sure is a good option for many of us.

Apr 26, 2023 04:38 PM
Rainmaker
761,584
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Not everyone should be a homeowner. As people who earn our living representing buyers and sellers in their home purchase and believe strongly that homeownership is the number one way most Americans build wealth, that doesn't mean that all people should have a home.  Those who cannot handle the monthly payments, those not responsible in home maintenance, those young and the elderly may not be equipped to be responsible homeowners. However, most people find that homeownership provides more than building wealth. It is pride of ownership, it is a sense of accomplishment, it is a place to live and raise a family. It is more than a house - it is a home.

Apr 26, 2023 12:22 PM
Rainmaker
2,851,803
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Having skin in the game is always a wise investment covering all subjects. As far as owning a home or renting, we all need a place to lay our heads. So, it ends up being a math type problem (leaving affordability out of it), as to whether or not it makes sense in the short- or long-term examination. Long term? Owning pays off handsomely. People belong, a deep human nature dynamic. Short term? Subjective. NOTE: certain renter types have no pride of ownership stake, nor do they support communities. On a yes or no basis YES TO YOUR QUESTION Candice A. Donofrio 

Apr 26, 2023 07:24 AM
Ambassador
4,988,182
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I think it is true, it should be the American dream to own a home, and owning a home is so much better than renting.  That dream should be enough to incentivize people to pay attention to their credit and save money for a down payment.

Apr 27, 2023 04:29 AM
Rainmaker
933,508
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. Apartments with sufficient parking for residents and guests would be a better choice for lots of people.

Apr 26, 2023 10:52 AM
Ambassador
3,664,746
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

NO.

Apr 26, 2023 10:42 AM
Rainmaker
696,674
Ray Henson
Retired - Goodyear, AZ
Retired Real Estate Agent

Mostly true.

Apr 26, 2023 10:36 AM
Ambassador
5,492,952
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh my gosh, I only saw the first line and immediately came over to answer, "NO, not everyone is CUT OUT TO BE A HOMEOWNER!" 

You answered your own question - brilliantly, I might add! 😂

Apr 26, 2023 08:04 PM
Rainer
458,400
J.R. Schloemer
Kentucky Select Properties - Louisville, KY

Should everyone be able to…yes.

Should everyone…no.

Can everyone…for more reasons than I can list it is impossible for everyone to be able to achieve homeownership. I do hope those that are experiencing life can one day obtain homeownership.

Apr 26, 2023 07:11 PM
Rainmaker
942,976
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

No. Not everyone is ready for homeownership. And, for some it doesn't make sense. But, it is a great opportunity to build equity or wealth.

Apr 27, 2023 05:46 AM
Rainmaker
5,493,535
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

No, No, No! But politicians have to keep that dream alive. A cheap way to buy the vote. Then they try to make it a reality. Remember 2008????!!!!!

Apr 27, 2023 04:39 AM
Rainmaker
637,534
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Someone may not buy at a certain point in time because they are getting their education first, move around too much ie. military or job, don't feel ready to put down roots, are staying with parents for one reason or another.  Are fine in a studio if single and working, climbing up that ol' ladder. What I'm saying is that it's not just a big responsibility to buy and keep up a house, but that there are other things important in life that are more important at a point in time.   Plus, yes, it's just too expensive to purchase where they want to live.  

Apr 26, 2023 08:28 PM
Rainer
287,578
Aura Alex
Seattle, WA
Retired Real Estate Pro

Everyone has an opinion and we need to listen to potential homeowners with respect. By asking their motivations, it gives them a chance to explain why they want or don't want the dream of owning a home - something everyone deserves in pursuit of the American Dream!

Apr 26, 2023 11:32 AM
Ambassador
2,412,849
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Candice A. Donofrio this is an excellent question!  My answer is False 

Sometimes retirement communities are less expensive to rent than buy 

Newly divorced may want to rent 

Relocating without a relocation package 

A young person just leaving home 

There are many reasons why renting may be a wiser solution 

 

Apr 27, 2023 10:50 AM
Rainer
492,768
David M. Dwares
Title Professionals Corp. - Fort Lauderdale, FL
Title guy with a broker license

Nothing like a good absolute all or nothing question.  I think the answers can be revised to fit any scenario...

EVERYONE should be a parent

EVERYONE should be a (insert religion here)

EVERYONE should be a vegan

You get the idea.

One last one,

EVERYONE should be a real estate agent (you mean they aren't?)

Apr 27, 2023 06:04 AM
Ambassador
6,698,702
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

NO.

 

Apr 26, 2023 05:48 PM
Rainmaker
1,114,229
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

False! Owing a home is a huge responsibility and not everyone wants to deal with that. Back in the day I taught the First Time Home Buyer class and there were a lot of students who never moved forward with buying. Once they realized what was involved just in the buying process and later in owning and maintaining a home, it scared them off. And a lot of people have unsettled life styles that require moving frequently (think military and contractors here at NASA, etc.) so it does not always make sense for certain people to own.

 

Apr 27, 2023 02:08 PM
Rainmaker
1,646,374
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker, Notary

True- IF one is not subject to relocation repeatedly and can afford home ownership.  People owning homes make better communities.  

Apr 27, 2023 02:50 PM
Rainmaker
1,651,260
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

You reminded me the recent L.A. initiative for the  homeless population that is utterly uncontrollably large here and in the state in general. The city built 5 tiny house villages ( goal 1,200 homes) specifically to help to clean streets of L.A. Guess how well it worked for approximately 170,000 homeless. 

Apr 29, 2023 11:48 PM
Rainer
374,146
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

False. Transaction costs here are the highest in the nation. I advise my buyers that if they are planning on moving in less than 5 years, it's possible that renting might be a better option. While most of my clients are focusing on the financial aspects, occasionally I come across a buyer that wants something else such as freedom to make changes in their home.

Apr 29, 2023 10:55 AM
Rainmaker
206,971
Kevin Vitali
EXIT Realty Beatrice Associates - Middleton, MA
Helping Massachusetts Home Buyers and Home Sellers

False.  It's a personal decision whether you decide to own a home or not. 

Apr 28, 2023 04:57 AM
Rainmaker
874,550
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

FALSE. 

Apr 28, 2023 04:34 AM
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