4 reasons americans are losing interest in owning a home

[Brown_Pride]

Most of your beefs are with buying too big of a house, not buying a house period. Maintenance washes out too because he will always have to pay maintenance fees, whereas a lot of the shyt he's paying for you can do for free. And even in a condo vs apt the condo wins out. It's the same space, but again, at some point you won't have that huge bill every month in the condo, while you always will in the apartment, increasing beyond your control. In the long run owning property always makes sense as long as you dont do it wrong (i.e. buying too much house)

Yeah you're right. I'm mostly seeing the benefits of maybe buying a Condo over a house. I think i'd be on better footing there

Buying > renting.

 

[Rekkapryde]

Out here in AZ the association fees come with new houses too so unless you're moving into a historical district you get burned that way too...but yeah if you can get into a place without that it's a bonus, otherwise someone in a golfcart goes around telling you what type and how many bushes you have to have in your front yard.

Homeowner Assocation fees < Condo Association fees (At least here in ATL area). I pay 780 for my home association fee, my wife's condo at the time was footing 3500 a year. Water and insurance still made it more expensive.

I can see myself doing a condo later on in life in the right spot, but I love my home and yard. Get more for my money.

Overall, owning >>> renting regardless of what you own.

 

[Oztradamus]

My girl and I, bought out first home when we were 22. Been homeowners for 9 years now. I'm just counting the days to pay it off.