“Retirees See the Value in Rentals” via the NY Times

I love this article that appeared in last weekend’s NY Times Real Estate section. Although it covers New Jersey, the discussion of retirees chosing to rent rather than own hits many of the points I try to highlight on this blog–namely, the burdens that can sometimes accompany the responsibilities of homeownership. Home-ownership is less attractive to older adults seeking lower taxes  (which are paid by their landlords); freedom from home maintenance chores such as gardening and snow-shovelling, not to mention that all the bad publicity about mortgaes and the housing crisis has been making being a renter more appealing.