Nostr News Network's avatar
Nostr News Network 6 months ago
You don’t own your home if you are forced to pay property taxes, you’re renting for 30+ years & you call it ownership but a house is a liability not an asset: • Mortgage Interest 7% x 30 • Property taxes 2% x 30 • Maintenance 1% x 30 • Insurance ?% x 30 The bank, govt & insurance companies are likely to make more money on you buying a house than you are! Don’t hate the messenger. GC image

Replies (7)

Chalmers 's avatar
Chalmers 6 months ago
Why is this so hard for people to comprehend?
Kevin Alfred Strom's avatar
Kevin Alfred Strom 6 months ago
And if you rent, you're paying all of that for your landlord. So is an escape from all this even possible?
Duncan Cary Palmer's avatar
Duncan Cary Palmer duncan@sdbitcoiners.com 6 months ago
👇👇👇Obvious truth.👇👇👇
Nostr News Network's avatar Nostr News Network
You don’t own your home if you are forced to pay property taxes, you’re renting for 30+ years & you call it ownership but a house is a liability not an asset: • Mortgage Interest 7% x 30 • Property taxes 2% x 30 • Maintenance 1% x 30 • Insurance ?% x 30 The bank, govt & insurance companies are likely to make more money on you buying a house than you are! Don’t hate the messenger. GC image
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