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I wanna own a house (lemmy.world)

submitted 1 day ago by sahin@lemmy.world to c/justpost@lemmy.world

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I am tired of renting it. This doesn't feel safe

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[–] disregardable@lemmy.zip 13 points 1 day ago (4 children)

Owning a home can have similar issues, where the boiler, pipes, roof, septic tank, etc. can all need to be replaced at random times, and they can be suddenly very expensive. Ultimately with renting you have the flexibility to go to an entirely new market if the juice stops being worth the squeeze in your area.

[–] bridgeenjoyer@sh.itjust.works 12 points 23 hours ago

Furnace and dishwasher went out. $20k for replacing it all.

Would have been 10k before Trump. Fuck him with a rusty fork.

[–] elephantium@lemmy.world 4 points 23 hours ago

Bingo. I replaced my water heater ~2 years ago. Then my boiler last fall. Next up is the roof this spring (probably should have scheduled it in October, but that's water under the bridge). The dishwasher broke this weekend, too.

Most of the time it's fine. Sometimes it all adds up, ugh.

[–] village604@adultswim.fan 2 points 23 hours ago

And all the other general maintenance that takes time and money.

[–] untorquer@lemmy.world 0 points 23 hours ago* (last edited 23 hours ago)

By the mere fact that renting out a house is profitable means that you as a renter can already afford these and you're buying them for someone else. You can also sell a house. When buying a new one you'll only be taxed if the new house is chapter than the previous 🤷