re: #343 Lidane

Which is precisely why I don’t own a home and won’t even consider buying property until my student loans are under control and my finances aren’t a grad school warzone.

I won’t buy property again because I learned a big lesson being a homeowner. I’d always been taught that buying a home was an investment for the future what with the equity and all. I sold my home several years before the meltdown and had quite a lot of equity in it but when I stepped back and took a look at it, I saw a huge net loss over the years. The costs of maintenance, replacing the roof, HVAC, pool repairs, new fences, on and on vastly exceeded any “profits” at the time of sales.

If you want a home to enjoy, that’s great. As an investment? I think that’s a pile of crap we’ve been fed.