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No I was just talking about that “net cost” number the original post came up with. After all expenses, interest, and sale of the house, they were claiming they
by syndicatedjelly 3y ago
No I was just talking about that “net cost” number the original post came up with. After all expenses, interest, and sale of the house, they were claiming they would lose $500k over the lifetime of owning the house.
- mgce 3y agoI see. Thanks for clarifying.
- chenster 3y ago$500K is BEFORE sell the house with capital gains. If you do decide to sell, the number is $3750/month average costs per month to living the house you own after 30 years. Still better than renting, but not as most of home owner had imaged.
- syndicatedjelly 3y agoI think you need to revisit your math. None of your final numbers make sense.