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Do people purchasing homes realize they're purchasing a depreciating asset?
| fiercely-loyal soggy friendly grandma | 08/24/26 |
| 180 rambunctious foreskin | 08/24/26 |
| silver floppy nursing home | 08/24/26 |
Poast new message in this thread
Date: August 24th, 2026 9:04 AM Author: fiercely-loyal soggy friendly grandma With substantial tax drag, maintenance needs, utility usage, rehabilitation needs over time, liability risk, and limited utility? And that's before you get to interest payments on the purchase money financing instrument. |
Date: August 24th, 2026 9:19 AM Author: 180 rambunctious foreskin Gypsies had it right the entire time. Just live in filth and scam (https://xoxohth.com/thread.php?thread_id=5896571&forum_id=2#50088793) |
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Date: August 24th, 2026 9:27 AM Author: silver floppy nursing home it’s highly underrated not having a house payment. we just paid ours off and it freed up almost $40k a year. we also have an asset to borrow against which is nice since most of our comp comes at the end of the year. (https://xoxohth.com/thread.php?thread_id=5896571&forum_id=2#50088813) |