My experience might be wholly anecdotal, but I feel like owning a home has helped with the control aspect of my life. When me and the husband moved from our parents' homes in 2019, an apartment in AZ was $1000. Then $1500, then $2000, then $2300. We realized we were playing catch up and it was digging into our time and energy to keep renting. (our original $1200 rent was $2600 when we bought our house and jumped ship for a $1800 mortgage.)
I am a science type, so I feel like the more variables that keep shifting around, the harder it will be to gain any kind of clarity on what your next step should be. It's like shooting a moving target from a moving platform. For us, hopping off the "rental increase cycle" was pivotal for us to STOP focusing so much of our energy on constantly increasing our intrinsic value every 12 months to keep our budget financially sound.
I'm sure this area of Pinal County will explode and blossom in the next 5-10 years, and the value of our home will go up. But value gained aside, we just needed a solid foundation where we could exercise control of as many variables as possible as we climb.
I am a science type, so I feel like the more variables that keep shifting around, the harder it will be to gain any kind of clarity on what your next step should be. It's like shooting a moving target from a moving platform. For us, hopping off the "rental increase cycle" was pivotal for us to STOP focusing so much of our energy on constantly increasing our intrinsic value every 12 months to keep our budget financially sound.
I'm sure this area of Pinal County will explode and blossom in the next 5-10 years, and the value of our home will go up. But value gained aside, we just needed a solid foundation where we could exercise control of as many variables as possible as we climb.
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