Reply to Anyone else who will likely never be a home owner?

Forum Index » Real Estate

Reply to "Anyone else who will likely never be a home owner?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have hated owning every home I have lived in. It’s a waste of money. Your money is trapped in the house. Somethings always breaking. I’ve spent more money and repair and maintenance for houses that have not been that old that it is ridiculous. I dream of having an apartment. I can’t do that at this point until my kids are out of my house and that’s 10 more years. Being a homeowner really isn’t all that. It also seriously limits your flexibility and if you don’t like the house you’re stuck in it for years because you can’t turn around and sell it right away or you’ll lose money. I cannot wait to run because when I rent a place, if I decide I don’t like it I can move in the lease is up and I don’t lose a thing.[/quote]

I completely relate. Bought my first place when I was  25 in a rough area because it was cheaper than rent. I have been a homeowner since and owned 3 different properties. There are too many hidden costs to home ownership. You often sacrifice alot of flexibility  and comfort vs renting. I think it is overrated.[/quote]

You’re skipping several steps. Most 25 year olds can’t afford a down payment. Who helped you?[/quote]

DP but the pp may have benefitted from different loan structures available back then. I only had to put 5% down for my first home.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics