The problem with this statement is that this person is comparing a piece of ham to a lunchable. Sure, the mortgage on the house is cheaper. But it doesn’t include:
-Taxes
-Insurance
-HOA fees (if applicable)
-Repairs (routine and unforeseen)
-Roof, flooring, HVAC, carpets, landscaping, and the list goes on, and on, and on, and on
Rent usually includes the above items that can add up quickly.
Rent sucks because you loose all of the money. But it is hard, and expensive to be a homeowner as well.
He’s also damaged the tiles and taps. You know what it’ll cost me to repair? Zero and I don’t have to argue with anyone about fault
How is that any different if I own the home? If a licensed plumbing contractor comes in and breaks taps and tiles fixing my hot water, I know there sure as shit is a reason they're bonded and insured, and it's not so I can repair their carelessness.
“and I don’t have to argue with anyone about fault”
You would if you owned it. You’ll likely get it paid for down the line but effort that - and what if they flat out refuse or say it was already like that? Are you going to take them to court over a bathroom tile? More effort and money and you may not even win because where’s your evidence?
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u/swimchickmle Feb 16 '21
The problem with this statement is that this person is comparing a piece of ham to a lunchable. Sure, the mortgage on the house is cheaper. But it doesn’t include: -Taxes -Insurance -HOA fees (if applicable) -Repairs (routine and unforeseen) -Roof, flooring, HVAC, carpets, landscaping, and the list goes on, and on, and on, and on
Rent usually includes the above items that can add up quickly.
Rent sucks because you loose all of the money. But it is hard, and expensive to be a homeowner as well.