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Ahh, so you mean the debt owns you, not the house per se.
by hndamien 8y ago
Ahh, so you mean the debt owns you, not the house per se.
- LyndsySimon 8y agoIs this just a general comment about mortgages? As it stands, my mortgage is significantly less than most people's as a proportion of my income.
- AnimalMuppet 8y agoI'm not jacob019, who originally made the comment, but as I understand it, the point was not the debt. The point was the maintenance. When the basement floods, it's my problem, not the landlords. When the attic fan fails (I was surprised that attics had fans), it's my problem. When the driveway concrete starts to buckle, it's my problem. In that sense, the house owns you, not the other way around.