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[quote=Anonymous][quote]
Anonymous wrote:
I Didn't realize how expensive home ownership was until I sold my house. Wow. So much more disposable income. Now, I can save more, I can travel. Property taxes, landscaping, labor cost etc...man they add up.

I really thing we need to review the standard advice we have been giving people about becoming homeowners. When you look at the trajectory of property taxes for example I am honestly wondering how is homeownership still the best way to build wealth.

This is a troll post. So are you homeless now? Where do you live? Do you pay rent? [b]Every rental owner I know includes the cost of property taxes, landscaping, maintenance of their rentals in the cost of the rent. [/b]You’re still paying for those things it’s just wrapped up in the rent and the rental owner thanks you for it.[/quote]

Renting and owning are just lifestyle decisions really. Every homeowner pays for property taxes, landscaping, and maintenance as well. Those are costs that they have to figure into any appreciation they may or may not get upon sale. Everyone has to live somewhere. Renting is good if you don't want to make those landscaping and maintenance decisions and you may gladly pay whatever it costs to enjoy the landscaping and maintenance that is provided. You are paying the landlord to take the risk of homeownership (and yes, risk is involved). If the OP is happy renting, that's great. I think he is only pointing out that there is an argument to be made for renting, not that it is superior to owning. They are just two different ways of having shelter. [/quote]

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