So many people are house poor because they underestimate the cost of home ownership.
They overlook the cost of maintenance, property taxes, home insurance, interest rates and more.
When you know it's more than just the mortage payments, you save yourself the pain of getting trapped and feeling buyers remorse.
I think there's a time and there's a place when one should decide to buy a home, but I think people get caught up comparing themselves to their parents or the "life script" and feel compelled to make the commitment.
What do you think?
BujuX
npub188…qxhun
2025-01-14 22:19:48
Author Public Key
npub188xk4n2quqcpkfgwhlexc7ccrms2qwdhd86eu8hfzk8mtgjzwucscqxhunPublished at
2025-01-14 22:19:48Event JSON
{
"id": "99c8d010fc2e932458e805272d4f172f66f15763fb7df3fa5bfd291342750902",
"pubkey": "39cd6acd40e0301b250ebff26c7b181ee0a039b769f59e1ee9158fb5a2427731",
"created_at": 1736893188,
"kind": 1,
"tags": [],
"content": "So many people are house poor because they underestimate the cost of home ownership.\n\nThey overlook the cost of maintenance, property taxes, home insurance, interest rates and more. \n\nWhen you know it's more than just the mortage payments, you save yourself the pain of getting trapped and feeling buyers remorse. \n\nI think there's a time and there's a place when one should decide to buy a home, but I think people get caught up comparing themselves to their parents or the \"life script\" and feel compelled to make the commitment. \n\nWhat do you think?",
"sig": "2bba9a1c0f46904f969dd82b042d1a0c890a99698fe23e0d5f70bd53ea35deb7005f664cf3a00df0a6530c9271953c8f1e16f08d575f936a6fde482aebb1de29"
}