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I think people generally maintain the homes they own to a higher standard than the ones they rent out. It's not equal in home ownership vs renting. The place I
by srj 9y ago
I think people generally maintain the homes they own to a higher standard than the ones they rent out. It's not equal in home ownership vs renting. The place I rent has the cheapest appliances possible, paint mostly chipped off on the steps, the flooring is from the 80s, etc.
If you look down a street where I live (Boston area) you can likely guess which units are rentals and which are owned.
- Eiriksmal 9y agoI thought that, too... until it was time for me to buy a house. Then I discovered most home owners are just as miserly as landlords. Hacky, quick DIY fixes? Check. Cheapest possible repair/replacement option chosen every time? Check. Obvious concern for only things that "increase resale value" over things substantially more important to the house's long term well-being? Check. I can't tell you how many houses I looked at with peeling, worn roof shingles, but a bangin' dishwasher and stove.