Rent or Buy and the NYC Baseline

As I’m sure you can imagine, one of the biggest and most daunting to-dos in an out-of-state move is the process to find a new place to live. The first thing you have to decide is are you going to rent or buy? When Jason and I first started talking about the potential for a move, my mind instantly went to, “Yes! I am finally going to have my own house! I’ll have a backyard and a garden and ooo! Maybe even a fire pit!” It was easy to get sucked into the thought of buying a house initially, especially because the house prices are so much more reasonable in the Raleigh area. But the more I thought about the situation, the more I realized, “I don’t even know this area. What if we buy a house, don’t like the area or don’t fit into the community, and now we’re stuck?” Once overly-excited-me turned into rational-me, I realized that renting an apartment for 6 months to a year would probably be the best move for us. This is not to say that this is the best option for everybody – a family might want to buy to have stability for their kids, or a person moving may have significantly more resources than we do to scout the area – but Jason and I talked and decided this was the right decision for us.

After we decided that renting an apartment was the route we wanted to go, I got the pleasure of introducing Jason to a world of apartment hunting that was completely foreign to him as a New Yorker.

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