I'll trade with him in a heartbeat.
“I’ll trade with him in a heartbeat.”
No kidding. What a bargain!!
“Property taxes are the primary tool for financing local governments”.
It’s really robbery. All local governments could be downsized dramatically...But like the federal government monster, the corrupt local governments only grow in size and scope.
Renting vs. Owning a Home: What’s the Difference?
No landlord to kick you out so some illegals have a place to stay per Biden.
Massachusetts is hell bent on rezoning for 296,806 housing units in 177 out of 351 Mass communities based on them being near the MBTA transit system, there is no limit to the number of bedrooms nor total occupants per unit. If built most will be rentals with money flowing out of the state. The region will have energy shortages. If a tenant can’t afford to live in a unit you the taxpayers from states will foot between 30 - 100% of the rent thru Section 8. Also multi-national are buying up single family homes across America.
Home ownership is very important .
Own it. Control it,
Pay it off.
Buy another one and rent it out
Oversimplified, if you rent, and the toilet gets backed up, the landlord has to come fix it and he has to pay for it too.
If you own it you are very careful what you flush, because you have to fix it yourself and pay for it too.
I buy tenant-distressed homes from tenant-distressed landlords...seems to be a lot of them.
Sounds kind of steep. I paid $888 last year. Zillow values my 9 year old home at $380,000.
This is such a stupid question. The main difference between renting and owning is the possibility of building equity. Right now, I could sell my house for 3 times what I paid for it. Renters just piss their money away forever.
At the end of 9 years I paid off my home loan. When you retire you cannot afford to pay rent on social security.... The people who do not save are system slaves, and they will live for today, and suffer a horrible timing out. For those who deferred simple pleasures of $5 coffee’s and own something they will enjoy the golden years. It is risk management. Those who save are invested in the system. Those would do not save, the failed college grads, make up the Marxists and losers who would be killed off immediately in their dream world if it ever came into existance.
Read later.
What’s a mortgage payment? Read up. Get tools. Get off butt.
You might trade even quicker with me.
My property taxes are under $1000 on 5.58 acres—rural—house/garage/well/septic/power FENCED & cross fenced & gated.
When you’re renting, anything that goes wrong is somebody else’s problem. There’s future equity, but that costs time and money when you try to sell. A savvy renter can invest the difference and still come out ahead.
I'll trade with him in a heartbeat.
Same here. I pay $8500 per year (increases every year) with 62% going to the school tax, and my wife and I have no kids. This is in the socialist state of NJ, though.
We also bought a house in Middle Tennessee in 2021 to which we hope to move in the next couple of years that is twice the size of our NJ house with twice the acreage and our property taxes are only $1600 per year. Looking forward to being in TN full time soon.