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Topic	Do millenials view houses as an investment?
DevsBro 11/23/17 10:24:53 AM #28:	theAteam posted... DevsBro posted... And really, whioe I haven't sat down and calculated it out, maintenance and taxes cut into its appreciation pretty seriously. I wouldn't be surprised to learn they cancel it out completely. It did for my parents. Bought their house about 12 years ago. It's worth 100k more now but they did the math and between putting in a pool, new roof, floors, shed addition, redo driveway, sprinkler system etc... they pretty much broke even at the end of the day I'm not even talking renovations. Most google results say there's only one renovation that's worth it and that's the bathroom. Of course take that on the authority of "most google results." But I'm talking like, the air conditioner broke, leak in the shower causing water damage, etc. --- http://backloggery.com/devsbro/sig.gif http://i.imgur.com/kU5vu5N.png Never pepper popcorn <cite>DevsBro posted [p:890922005] in Do milleni... [t:76022502]...</cite> <quote><cite>theAteam posted...</cite> <quote><cite>DevsBro posted...</cite> <quote>And really, whioe I haven't sat down and calculated it out, maintenance and taxes cut into its appreciation pretty seriously. I wouldn't be surprised to learn they cancel it out completely.</quote> It did for my parents. Bought their house about 12 years ago. It's worth 100k more now but they did the math and between putting in a pool, new roof, floors, shed addition, redo driveway, sprinkler system etc... they pretty much broke even at the end of the day</quote> I'm not even talking renovations. Most google results say there's only one renovation that's worth it and that's the bathroom. Of course take that on the authority of "most google results." But I'm talking like, the air conditioner broke, leak in the shower causing water damage, etc. --- http://backloggery.com/devsbro/sig.gif http://i.imgur.com/kU5vu5N.png Never pepper popcorn</quote> ... Copied to Clipboard!
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