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TopicDo you think millennnials will EVER be able to build up serious savings?
Hexenherz
07/14/19 12:25:45 PM
#115:


DakotaPrescott posted...
JBaLLEN66 posted...
I really dont see a point in owning a house tbh


Seriously. I'd rather live in my shitty apartment and use that money to go on vacation.

It be nice to own a house but you're fucked out of 5k if your A/C breaks.


For the same amount of money I was paying in rent at an apartment, I am paying mortgage, taxes and insurance for my house.

The property value is going up, the loan amount is going down, hopefully we'll get some roommates in here and that will mean I'm spending even less monthly.

I don't think homeowning is for everyone and it's more work than having an apartment but overall it can be a great investment.
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