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TopicHilarious millennial excuses for renting versus owning a home
JahnDixonUSA
12/03/18 10:18:18 AM
#68:


krazychao5 posted...
JahnDixonUSA posted...
Unpopular opinion: If you live in a trailer, and rent out the lot at a park, you get the best of both worlds. Build equity on the Trailer, and pay about than 2.2k per year in property taxes (which is unheard of today) as rent (appx. 200 per month).

Houses are nice, if you can afford the upkeep. But renting only works if (a) you have I nice landlord, and (b) there's rent control.

In some cities, like Los Angeles and New York, people regularly pay more in rent than most pay for mortgages in cheaper states. A LCOL with median income of $45k/year is the best target.

Yeah, my friend just got a trailer. Guy needed to get out quick, so my friend bought it for $2,500 for what should have been $8,000. Lot rent is $500 a month. Friend thinks the guy is going to jail and needed to get that cash quick lmao


500/mo.? That's kinda high. Your friend is the guy, or another guy?
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