06-21-2016, 07:53 AM
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#11 (permalink)
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A True Z Fanatic
Join Date: Nov 2011
Location: Houston
Posts: 12,265
Drives: 2011 370ztt
Rep Power: 29539
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Quote:
Originally Posted by SouthArk370Z
But it's not like housing is an optional thing - if you don't buy, you have to rent. For a few bucks more you can have a house of your own. Buying a house can be more expensive while you're making payments, but you have an asset when you get done (and a "free" place to stay). When you rent, you end up with nothing; if you're lucky, you get your deposit back.
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Plus, the home can appreciate and mortgage interest is deductible.
Quote:
Originally Posted by SouthArk370Z
As with a car, house maintenance and repairs are a lot cheaper if you don't let things go. Deferred maintenance is always more expensive. Fix things at the first sign of trouble.
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And if you've got an old house, budget an extra 100% of the job cost for when you get halfway into the job and find another three broken things. Ask me how I know. 
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