4 ms·
One thing nobody seems to mention is that the owner has to pay for the maintenance of the home, while the renter doesn't. Over a 30 year period there will be qu
by fharper1961 18y ago
One thing nobody seems to mention is that the owner has to pay for the maintenance of the home, while the renter doesn't. Over a 30 year period there will be quite a lot to do.
- brfox 18y agoI LIKE home maintenace.
- raganwald 18y agoLandlords factor that in to the rent. Here in Ontario, we have rent control legislation, so rents do not move with the market. However, the landlord is permitted to raise the rents when the cost of maintenance rises. If you don't want the hassle of actually dealing with maintenance, you can purchase something like a condominium, where a management firm handles the maintenance and you write a cheque each month. So... I'm suggesting the maintenance issue is orthogonal to the ownership issue.
- rsheridan6 18y agoTrue, but landlords usually either do their own maintenance or know who's good and cheap. The average person might tend to get ripped off by incompetent or unscrupulous repairmen.