You have maintenance/depreciation and insurance expenses, and have the opportunity cost of whatever capital you have tied up in the property.
I think home ownership is a great choice for many and I own slightly more than 50% of the house we live in [the bank owns the rest right now]. But there are very real costs to ownership and they don't stop at property tax IME.
You have maintenance/depreciation and insurance expenses, and have the opportunity cost of whatever capital you have tied up in the property.
I think home ownership is a great choice for many and I own slightly more than 50% of the house we live in [the bank owns the rest right now]. But there are very real costs to ownership and they don't stop at property tax IME.