Inflation: A quick rent story

[x2y]

Man $725? thats a steal. I pay over double that.

 

[CW_1991]

That's one of the benefits of staying in a semi rural non metropolitan type of location. Very low rent.

I pay like 400 a month. But that'll change once I move.

 

[Youhadasparkwhenustarted]

Got a 3 bedroom for 700 where I live. I live in the hood though. Thank god for occasional gun fire, keeps the YT's away.

 

[Strapped]

Owning your home & you still pay a fee

 

[beenz]

you can't even get a 1BR apartment in the worst hood for $725 a month here.

 

[beenz]

Owning your home & you still pay a fee

I've seen this, and with mobile homes, that's not really real estate.

yes, you own the structure, but you don't own any land, thus you're still paying rent plus a housing payment. furthermore, mobile homes are depreciating assets UNLIKE a regular home. this is why they are and always have been a TERRIBLE instrument for wealth building.

the EXACT same theory applies to a tiny house. especially if you don't own the land.

 

[Strapped]

I've seen this, and with mobile homes, that's not really real estate.

yes, you own the structure, but you don't own any land, thus you're still paying rent plus a housing payment. furthermore, mobile homes are depreciating assets UNLIKE a regular home. this is why they are and always have been a TERRIBLE instrument for wealth building.

the EXACT same theory applies to a tiny house. especially if you don't own the land.

You own a a house & still pay property taxes