LogFAQs > #914263445

LurkerFAQs, Active DB, DB1, DB2, DB3, Database 4 ( 07.23.2018-12.31.2018 ), DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	I'm starting to wonder what the point of owning a house in middle-age is.
pinky0926 12/17/18 5:46:59 AM #6:	ArchiePeck posted... My monthly mortgage payments are substantially cheaper than the equivalent rental costs would be for a house of the same size, and when the mortgage is paid off I end up with an asset worth around 110K. Renting you end up with nothing, and you have no real control over your long term living plans as the landlord could decide to sell the property on a couple months notice. That is not good for children if you end up having to move area/school - it's a lot of disruption. Have you ever done a cost analysis on maintenance/fees? I'm curious to know if it's worked out cheaper in monthly costs for you, asset ownership aside. --- CE's Resident Scotsman. https://imgur.com/ILz2ZbV <cite>pinky0926 posted [p:914263445] in I'm starti... [t:77309851]...</cite> <quote><cite>ArchiePeck posted...</cite> <quote>My monthly mortgage payments are substantially cheaper than the equivalent rental costs would be for a house of the same size, and when the mortgage is paid off I end up with an asset worth around 110K. Renting you end up with nothing, and you have no real control over your long term living plans as the landlord could decide to sell the property on a couple months notice. That is not good for children if you end up having to move area/school - it's a lot of disruption.</quote> Have you ever done a cost analysis on maintenance/fees? I'm curious to know if it's worked out cheaper in monthly costs for you, asset ownership aside. --- CE's Resident Scotsman. https://imgur.com/ILz2ZbV</quote> ... Copied to Clipboard!
Topic List	Page List: 1