Owning a home has rarely been this much more expensive than renting
Owning a home has rarely been this much more expensive than renting
The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math.
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This ignores the difference after 5-10 years. Rent keeps going up.
Maintenance cost and property taxes too though.
What even is maintenance?
Leaky roof? Nah, throw some clear tarp over it and you’ve got a sun roof.
Tenants better appreciate the improvement. If they don't, their rent should be raised!
Thousands per year, usually.
My rent went down year over year.
What is your mortgage on the tent?
I bet you also think you pay income taxes cause they take it out of every check and then fail to connect the dots they gave it all back and then some during tax season.