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Old 06-21-2016, 08:53 AM   #62 (permalink)
Chuck33079
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Quote:
Originally Posted by SouthArk370Z View Post
But it's not like housing is an optional thing - if you don't buy, you have to rent. For a few bucks more you can have a house of your own. Buying a house can be more expensive while you're making payments, but you have an asset when you get done (and a "free" place to stay). When you rent, you end up with nothing; if you're lucky, you get your deposit back.
Plus, the home can appreciate and mortgage interest is deductible.

Quote:
Originally Posted by SouthArk370Z View Post
As with a car, house maintenance and repairs are a lot cheaper if you don't let things go. Deferred maintenance is always more expensive. Fix things at the first sign of trouble.
And if you've got an old house, budget an extra 100% of the job cost for when you get halfway into the job and find another three broken things. Ask me how I know.
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