The reason some people prefer to rent than buy is because prices have gone up far higher than they should have in recent years. You can tell this is the case because rents have not nearly kept up with prices. You're not likely to see the same gains being made in the next few years, especially...
When I read this post, I thought wow! Can I buy one too? But when you see that there are a lot available for rent, and a huge amount of units for sale at low prices, even though they're more than $20,000, I wonder why. Also, if the vendor paid $113,000 and is prepared to sell for $20,000, he...