sanitation@lemmy.radio to me_irl@lemmy.world · 1 day agome_irllemmy.radioimagemessage-square152linkfedilinkarrow-up11.02Karrow-down113
arrow-up11Karrow-down1imageme_irllemmy.radiosanitation@lemmy.radio to me_irl@lemmy.world · 1 day agomessage-square152linkfedilink
minus-squaredoingthestuff@lemy.lollinkfedilinkEnglisharrow-up4arrow-down1·edit-213 hours agoWe spent $45k on repairs in two years. Wiped us out. But my only debt is still my one mortgage. The house is only worth about $250k. But I’m good on my roof, foundation, water heater and HVAC for quite a few more years.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-216 minutes agothe devil is in the details nobody talks about. owning a home can bankrupt you, given all the legal, tax, and liabilities issues involved. renting doesn’t come with those issues, generally.
We spent $45k on repairs in two years. Wiped us out. But my only debt is still my one mortgage. The house is only worth about $250k. But I’m good on my roof, foundation, water heater and HVAC for quite a few more years.
the devil is in the details nobody talks about.
owning a home can bankrupt you, given all the legal, tax, and liabilities issues involved.
renting doesn’t come with those issues, generally.