In this episode of my podcast, I ponder the question: is it better to own or to rent? Each option has its benefits and bummers. But as I get older, having been a guest and keen observer of many owners over the decades, I’m less attracted to the idea of “ownership” and more interested in traveling light as the renter I’ve always been.
I’m very lucky to live in an apartment in Downtown Cleveland that feels more like a customer service arrangement than the typical landlord/tenant relationship. Whenever I need something, it’s taken care of at no extra cost, leaving me to get on with the business of living and to focus my time and energy on things I’d rather do. Ownership, however, I know is something attractive to many but the affordability of doing so can often stand in people’s way. There are ways to source cheaper properties, such as purchasing at auction; in fact, here is a guide on how to buy a property at auction for those interested.
The same idea works for my approach to things like a car or media. Where I once prided myself as a collector of vinyl records and CDs, I much prefer access to everything I already owned plus much more music than I can wrap my head around let alone afford to buy with services like Spotify and Apple Music. And the space I save without dealing with the physical media? Fuggedaboutit. And the car? Nah.
Also in this episode, I give a little shout-out to my new podcast venture called The Downtowner, a new show about Downtown Cleveland that I co-host with the amazing Amy Eddings, our local host of NPR’s Morning Edition who also happens to be a native Clevelander who returned home after decades in New York City. She and I also live downtown, giving us much to discuss in this brand new production from ideastream, Cleveland’s public media company.