Renting is for the birds: Shag buddies versus long term partners

On a previous post about ‘shag buddies’ one of the regular commentators on this blog Kofi stated, ‘renting is for the birds’ – where renting refers to shag buddies… Now I’ve been in the renting business for quite a few years now and now I’m thinking its time to buy a house. But I don’t think there are any suitable houses around. Most of the houses I see and covet already have tenants or are not exactly to my specifications. I like spacious houses, houses in which I don’t feel restricted, where I can move about freely and not feel like anyone is trying to chain me to the kitchen sink…

At the same time I wonder if I can really stop renting. Renting has its pros and cons. There are some houses that are nice to chill out in a few months but you know that’s not where you want to live permanently. That kind of house is not where you want to raise your family or invest too much in…at the same time you can also get attached to the house that you’re renting and that really sucks cos both you and the landlord (landlady) know that this was not meant to be your permanent home.

So herein lies the dilemma. Yes renting may be for the birds but buying a house can be downright difficult. You need to raise your deposit, get a mortgage, and identify the right house…actually I think the latter must be the most difficult thing of all. I feel like there are very few ideal houses in Ghana that are not already being lived in. And how the hell do you resist the temptation to rent?

Your thoughts?