Re: Speaking of buying or renting...
I lived in a studio apartment 14 years ago shortly after I moved out of my parent's place. It was really cheap. The utilities were included in the rent and I still payed less than $300 a month. It would probably be more now. I had a living room which doubled as my bedroom, a small kitchen and an average sized bathroom. When you're single and don't plan on having over a lot of company, it's the way to go. I liked it while I was there.
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