3 ms·
And you know the funniest part: you actually don’t own it at the end, you are on a different (worse) type of rent contract called property taxes, that if you st
by tamimio 5mo ago
And you know the funniest part: you actually don’t own it at the end, you are on a different (worse) type of rent contract called property taxes, that if you stop paying them you lose all that!
So to rent nowadays is better: it’s controlled, you can bailout any month for whatever reason, be it a bad neighbor or another personal stuff or just getting into a better newer building, you don’t pay anything for maintenance, and sometimes all utilities are included too.
Meanwhile owning is all burden, plus you don’t actually own it, you do all maintenance, and taxes aren’t controlled. Additionally, you are already paying for an inflated asset because of the speculation prices rather than actual cost.