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So I've renewed my lease for another 14 months... - love like me ・ 日記
non solum memento mori, memento vivere sed etiam
So I've renewed my lease for another 14 months...
Yeah, that was the most exciting thing that happened all day. However, now that I have signed the lease that will keep me here until right at my 29th birthday, let me say right now that I will not turn 30 living here. So help me, by April of next year I will have another source of housing lined up, have given my notice in a timely fashion, and gotten the hell out of this dump.

Oh yeah, my rent went up another $10 this time (par for the course) plus they added a $5 trash fee. But that's not the reason for my wanting to move. Even at now being $45 more expensive (in rent alone, never mind how much the water bill has gone up, or the trash fee) than when I moved in in October of 2004, this place is still at least $100 cheaper than other apartments of comparable size in the area. My point is that there is a reason for this. The buildings are old, shit breaks all the time, and good luck trying to get someone to fix anything. They shut off the water to my building all day at least one day a month to "fix an underground water leak", whatever the hell that means. I share a water heater with 3 other units, and anytime any one of them takes a shower the sound of water rushing through the pipes is obnoxiously loud.

Anyway, my point wasn't to bitch about everything. In fact, that's not all that pisses me off about this place, but I don't think making a detailed list serves any real purpose. I'll most likely not be buying anything yet, but I think a year (have to give 2 months' move-out notice) is sufficient time to figure out how much more I can afford, what my options are, and find a suitable place to live.

So there you go, a long term goal. Go me.
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hnpcc From: hnpcc Date: Friday 20th February 2009 02.45 (UTC) (Link)
So there you go, a long term goal. Go me.

Yay! How's the buying market looking where you are? Worth looking at moving from renter to owner?

Now for the travel plans, OK? :-)

valamelmeo From: valamelmeo Date: Friday 20th February 2009 04.03 (UTC) (Link)
Nah, not really. My credit is pretty bad, plus I don't want to have to mow a lawn. I might look into getting a condo anyway, but I'll probably just rent another apartment. I've thought a lot about it, and I'm just not up for buying a house just yet.
hnpcc From: hnpcc Date: Friday 20th February 2009 04.40 (UTC) (Link)
Out of curiosity (I'm seriously curious today) could you buy an apartment or a townhouse (not sure if that's the same word - basically a house but with almost no garden/lawn. Here they're normally two or three houses on one block. Example here. They've become very common, as housing prices have gone up.)

Actually, condo might be the word I'm looking for (I've never been 100% sure of what that meant, but I'm guessing the Australian equivalent would be either unit or townhouse.)

Anyway, renting's still a good option. How long does it take to build your credit rating back up?
valamelmeo From: valamelmeo Date: Friday 20th February 2009 16.38 (UTC) (Link)
Yeah, we'd call that a condo. As far as I can tell, a condo is just anything that's not a normal detached house, a duplex (semi-detached), or an apartment. The biggest distinguishing feature between apartments and condos is usually that you can buy a condo, whereas the company that owns the land will only lease you an apartment. What we call a "townhouse" is just a style with a rectangular footprint, the living area at ground level and all the bedrooms upstairs. Around here these are all attached to each other 4-8 of them to a building, but they got the name because in older cities they are actually separate buildings built really close together (generally taking up the whole lot with just the building itself).

But attached housing that isn't apartment-style is pretty uncommon around here. I've looked at some condos, and they're mostly apartment-style, but there is a complex nearby that is more like that--single-level, only 2 or 3 homes per building. The main advantage to buying a condo over renting an apartment is that some condos have garages. My apartment complex charges $75/month to rent a parking spot under a carport (totally not worth it, as evidenced by the fact that the carports stay nearly vacant).

My credit might be okay again in a couple years. I should probably get a credit card to help it along again, but that's how I got in this mess to begin with, so I'm not too sure about that. I'm not in any horrible rush to make any large purchases anyway. My car works fine and is almost paid off, and I can put off buying a house pretty much indefinitely as long as I can find something for rent. Also, the longer I rent, the more I can save for a down payment, which will make the mortgage easier to live with.

Travel is trickier, though. I only get 2 weeks of vacation time this year, but I should get 3 next year. I think. I need to read the vacation policy again. Also, I've found that my company has a temporary assignment program, that might be interesting to try.