Buy/ Rent Decision

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Anonymous User
Posts: 273182
Joined: Tue Aug 11, 2009 9:32 am

Buy/ Rent Decision

Postby Anonymous User » Thu Jun 07, 2012 10:22 pm

Does anyone buy in their first year in biglaw? I'm currently clerking and will be starting biglaw in the fall in a small, cheap town that's really not even a secondary market. I'll making a second-year's salary on an NYC scale, though. Real estate is insanely cheap compared to big cities, I don't have debt, and interest rates, in general, are really low right now. On the other hand, I will be starting a new job in a town that I've only spent 2.5 months in (during SA). Would buying be a bad decision?

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holdencaulfield
Posts: 478
Joined: Sun Apr 26, 2009 7:12 pm

Re: Buy/ Rent Decision

Postby holdencaulfield » Thu Jun 07, 2012 11:41 pm

I closed a week before I started last August. No regrets here.

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dingbat
Posts: 4976
Joined: Wed Jan 11, 2012 9:12 pm

Re: Buy/ Rent Decision

Postby dingbat » Fri Jun 08, 2012 12:01 am

Anonymous User wrote: I will be starting a new job in a town that I've only spent 2.5 months in (during SA). Would buying be a bad decision?

That is the definition of a bad decision




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