Do you own or rent the house/apartment where you live?

We have a house but its far located in the Farm, so we rent an apartment in Gapan City so that my kids (still young 10-12-14 yrs.old) would not have much trouble going to school. We have also begun constructing our new house, under Pab-Ibig Fund, but it wont be finished until September.

I was born in the house where i am living at present. It is a rented apartment and quite spacious.I pay a ridiculous rent of just 7 dollars per month.Our building is 70 years old but in a good condition. However there are plans to redevelop it and build a highrise apartment building in which case i will become the owner but will have to pay higher taxes.It is still a long way off and till then i am enjoying life in my cozy house.

This is the second home that I have owned and its up on the block for sell. I sold a house in New York about 3 years ago. Moved to New Mexico and brought another house but now planning to move to Puerto Rico once this house is sold where I will once again be living in a home, thankfully. I hope it happens soon.

My case is something wonderful - I spent around 30 years in a rented house from my birth and after saving a lot constructed my own house and enjoyed for about 8 years and a storm of bad luck entered in the house as a dispute took place between brothers and the house was sold. So now again entered a rented house.

Our family has three houses, all of them are own by ourselves. Oh, maybe that's not exact, according to law in my country, what we own is only 70 years using right. I think if possible, it's better to own than to rent. You must pay for renting every month. that's terrible. But except someone who is lucky enough to rent only with $7 per month.

We are renting a duplex right now. The rent is super cheap and we are saving for a bigger down payment for a house.

I actually rent the apartment that I'm currently living in. As I'm a student, I don't really have much of a choice. But, for the time being, I'm alright with this living arrangement. Eventually, my husband and I hope to have a home of our own. And while we're working towards that, we're also trying to save some money for future goals, and things like that.

I'm living with my parents who one this house. LOL. I know I'm already in my 20s and I'm supposed to be living on my own but my dad will surely kill me for that decision. LOL. Knowing him, he'll just allow me to move out when I get married. I find it sweet but I might consider moving out someday really soon.

I rented for about 20 years. Finally I moved from the big city to a small town and bought a little place of my own I would have never been able to afford a place in the city.

I used to rent before. The deposit was pretty high. It's two months rent plus a couple of hundreds more for bills deposit. But it's pretty normal for that area so I didn't object. Right now I am living with my mom so renting is definitely out of the question. But I do plan to own my own house. It's hard to buy one now my current financial situation is not so good. Plus I don't have a permanent job yet.

We own our house (well the bank does) that we live in. We bought it in 2001 just as the prices started to go through the roof. It was worth double what we paid for it in the first year. It is now valued at over three times the amount that we paid for it. But we have borrowed a lot of that equity over the years to improve the house, buy a new car and to set up our business so our mortgage is nearly 3 times what it was when we first bought the house. At the moment we are planning on selling to get out of our street as we no longer like it here and we are going to rent for a year. We can rent a bigger house with more room for our business for $1000 less per month than we are currently paying.

Hi moonchild! I'm thankful to God to own the place I live now. And it's a pretty good investment to last the whole life. This is home. And that feels good!

Yes we are renting our house and its been 25 years, yes 25 years of renting a house and never had the chance to have our own house well we have a 7800 square meter lot in our province but its really hard to get a good buyer for it. And also my family don't want to live in our province because its hard to get a good job with high salary there so they decided to live here in makati and started to rent a house. Paying a monthly bill in rent house rent is really a big burden to us plus the electricity and other monthly bill. I hope this new government in our country will create a rent to own houses, that would be more helpful for all the people.

I'm renting, while saving up money in order to buy a place next year (if everything goes according to plan).

Nowadays, more and more people are renting for their career or studies. On my part, I used to live in my own home which is a family house in the province. Since I have to study and work in the city, I needed to rent an apartment. Until now, I am living independently and continue renting because I know this will not be permanent. I still have a home or house where i can go and return during vacation and holidays. People tend to rent accessible to their work place because it is more practical than traveling back and forth to their hometowns or provinces. More and more people works in the metro because it is where the money is, that is why they need to find a place accessible to their work place to save more.

I rent. I've been renting the same house for the past 14+ years now. My husband and I get a pretty good deal on it though, so I can't complain much, even if there are some downsides to it, like paying for our own appliances and whatnot. But it beats having to pay a mortgage. Housing, even renting, is so expensive around here. Good thing we have such a deal, otherwise we'd never be able to afford a house like this. Happy mylotting!

We have been renting since I was born (I am 18 now). And the truth is, we have moved from place to place for about ten times due to different circumstances. The last time we had to move out was because of the flood--we had to move to a higher area where it isn't likely to flood when it rains. It's easy for us to transfer because we don't own the houses we have lived in.

I am not renting, i'm living in my in-laws property. But I prefer to have my own place, so I m really working really hard to raise a money to get my own place...

I'm living with my mom and dad...our home..we have a new one too.. "casa dolce casa" thanks for starting the discussion... have a great day/night...

I own a 2 Floor house which has 3 seperate houses, on the 1st floor i live there and ground floor there are two houses which I have let it out for rent. the rent I receive I pay the towards the mortgage loan..