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re: Home ownership losing importance as "American Dream"
Posted on 6/4/14 at 1:12 pm to lsu13lsu
Posted on 6/4/14 at 1:12 pm to lsu13lsu
quote:
On average you will spend 1% of your home value per year on repairs and maintenance. Go put that in a retirement calculator and tell me you cannot build up some savings with that.
1% of my home value is less than the savings I receive in a year when comparing my monthly mortgage/tax payments to what monthly rent would be (it's about a $400 difference per month).
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