Owning a home or a house

Discussion in 'Economy' started by Questioner, Dec 12, 2019.

  1. sparky
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    sparky Gold Member

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    Indeed so, folks like me who dumpster dive on jobs ,and then nail it all together are no metric

    i'm rather infatuated myself Mike

    My farm is one of my my retirement delusions

    i probably watched to many green acres episodes
    [​IMG]
    ~S~
     
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  2. Uncensored2008
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    Uncensored2008 Libertarian Radical Supporting Member

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    Taxes do unless the house is revalued. Home repair is always a question, but nowhere near the cost of rent increases.

    I live in Southern California. Rent for a 2 bedroom apartment averages about $6,000 a month here. My house, bought in 93' runs about $2,000 a month, all told. $4,000 a month buys a LOT of repairs.
     
  3. sparky
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    sparky Gold Member

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    seriously....?

    ~S~
     
  4. Ringel05
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    Ringel05 Diamond Member

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    Soooooo, you're basing the nationwide differences between renting and owning on your microscopic locality? :dunno:
     
  5. airplanemechanic
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    airplanemechanic Gold Member

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    Owning a home isn't for everyone. The housing bust of 2008 proved that.

    Don't buy more than you can afford. But if you can, buy, don't rent. Usually what you pay in rent for a POS place you can get a nice house for the same monthly payment. And always remember your property value will ALWAYS go up over time. Unlike a car that loses value. In fact. Get an old junker car that has cheap insurance so you can spend your money on a house. I did. I drove a motorcycle and scooter to work for 8 years to save on insurance. I paid off my house 23 years early.

    Just remember renting is wasting money. You mine as well flush it down the toilet. It does nothing to build credit or equity.
     
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    Last edited: Jan 3, 2020
  6. sparky
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    sparky Gold Member

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    mmmmm--mm-m-m-m-maybe....but then who shouldered a gun to protect a rental?
    ~S~
     
  7. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Do you say E I E I O a lot?
     
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  8. sparky
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    sparky Gold Member

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    Neither was the North Vietnamese.[/QUOTE]

    oh sure...:cheers2:
    more w/ a cocktail or two in me....~S~
     
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  9. Uncensored2008
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    Uncensored2008 Libertarian Radical Supporting Member

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    I'm a little high, but not that much.

    Stadium House
     
  10. MarathonMike
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    MarathonMike Platinum Member

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    oh sure...:cheers2:
    more w/ a cocktail or two in me....~S~[/QUOTE]
     

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