Would you move if all of you neighbors moved away and were replaced by renters and why.
This would be the normal tendency. I would not, but I would miss my neighbors terribly for the three that I know have been most kind to me.
It would depend on who most of the renters were. I live in the suburbs, and people who rent often take every bit as good care of, or better care of, the property as those who own the property in which they live.
When my children were very young my husband and I rented two different houses. Believe me, I was concerned more about the kids of the people who owned some of the houses in the area (and, again, it was a generally nice suburb) than any of the home-owners ever had to be over my children.
As a professional couple with a nice home and beautiful, well behaved, little kids; my husband and I dealt with the snobbery of some of the people who owned their homes on the street; and - oh brother - I don't know who the hell they thought they were. Ordinarily I'm not one to be "like this', but our income was higher (a lot higher) than a lot of theirs. So was education level higher than a lot of theirs. One reason we didn't own a home is that we came of "house age" in the days of 17% interest rates. People who got to house-buying age ten years before we did got their houses for 35,000 and low-interest, fixed, mortgages. By the time we got there, houses were over 75,000 (with high interest rates, particularly on fixed mortgages), so we rented for awhile.
Having the fact that we were "RENTERS" rubbed in our face at every neighborhood get-together was obnoxious, especially coming from the "hardly-high-class" people it was coming from.
Of course, it may depend on whether you live in a suburb or an an upscale/young-professionals type of urban neighborhood; or instead live in a borderline ghetto where renters ruin houses and homeowners either don't do much better, or else are essentially (or out-and-out) slum-lords.
No, I don't care whether my neighbors rent or own--though I'll admit that I would have to take into account the prejudice against renters that exists as a factor that could affect the value of our investment in our house. (And in fact, there has been a marked increase in renters in our neighborhood. We do plan to move over the next couple of years, but not because of the renters. We are fortunate enough to own this great summer place...)
It depends on the renters. A lot of former homeowners are renting in California now because of foreclosures or downsizing their homes, but they still have good incomes and are decent neighbors.
In other places, renters do cause trouble, increased crime, transiency and poor home maintenance.
It all depends on the situation and if any problems are on the rise.
Not at all. I'm used to that happening. I've been a renter before and I think it's a good idea.
My neighbors are my renters. In farm country neighbors are never close by. New renters are checked for references.
I don't think that I would. In fact, how would you KNOW that they were all renting? If everyone moved overnight though, I'd certainly try to figure out why. If there was lead in the water or something, I'd move too.
I don't know if I would or not. I probably would if I could afford it because some new renters bring bad elements into the neighborhood and also bring down home values. I like to be able to walk down my street at any time of the day and be able to sell my home in the future at a profit.
I have been an homeowner for 20 years. For the 20 years of my adult life before that I was a renter. Renters are often good people.
I an only wonder what prompted the question. I live in a very upscale neighborhood (although I was grandfathered in; I bought before it became fashionable) and I have never given a though to whether my neighbors rent or own. If they are decent folks they are all right with me.
If they are not decent folks, I only hope that they keep to themeselves.
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