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Valued Contributor
Posts: 550
Registered: ‎05-28-2010

I had a crappy landlord once when I was on my own.   The apt. had only one entrance. There are supposed to be two egress according to State law.  Rent was low so saved all my money for my future.  

 

This was mid-'90s.  the fridge was a very old style with the handle clamp thing and it had to be defrosted periodically.  Royal PITA.   Also there were weevils in the cabinets.  UGH!!! 

 

I asked for a newer one ad he said he'll get one for me if I pay $75 extra per month!  

 

 I scrimped and saved, was able to buy my own property after a couple years! 

Esteemed Contributor
Posts: 6,037
Registered: ‎03-09-2010

So imagine this place in another 10 yrs. 

 

And you are 10 yrs older. 

Honored Contributor
Posts: 10,446
Registered: ‎03-09-2010
You don’t have to answer, but I’m wondering if cutting your income with the intent of retiring soon will tie you financially into staying in your current rental, where it’s not a very pleasant situation. And would you be happy with that?

If your living situation changed, and you had to pay a higher rent, one more in-line with market prices, could you afford it?