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this post was submitted on 23 Aug 2023
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Same. Burn it all down. I’m tired of paying my landlord the equivalent of a mortgage for fuck all security because I don’t have enough for a downpayment.
If you're unable to save money for a downpayment while paying the equivalent of a mortgage then you're not ready to own.
You guys believe you just buy a house and that's it, you know how much you're paying every month and it will be the same for the next 25 years or something? Freaking hell, some of you are in for a big surprise the first time a pipe bursts and you need to pay to redo a bathroom!
That’s ridiculous. I do put money away. The problem is that the size of downpayment needed is growing way faster than I could hope to save. How often do these adverse affects actually happen? Once or twice? You can also DIY.
Other things you can reliably budget for, new roof is every 20 years, maybe new appliances every 10 years. General upkeep? Renters do that already but you can DIY and you have a say in what happens.
Your argument is basically if you can’t save for a home while already paying for a home you can’t afford a home.
A downpayment is 5% minimum, you're unable to save 15k to 20k to buy a house because you're paying the equivalent of a mortgage? Then sorry bud, you just don't have the finances to own, it's that's simple. I do everything myself and a bathroom still costs thousands to renovate when it's not an emergency, if you need to redo everything? Add a couple thousands again.
Your argument is basically if you can’t save for a home while already paying for a home you can’t afford a home.More like if you can't save for a house while already paying for a house you won't be able to maintain a house.
That’s ridiculous. I do put money away. The problem is that the size of downpayment needed is growing way faster than I could hope to save. How often do these adverse affects actually happen? Once or twice? You can also DIY.
Other things you can reliably budget for, new roof is every 20 years, maybe new appliances every 10 years. General upkeep? Renters do that already but you can DIY and you have a say in what happens.
Your argument is basically if you can’t save for a home while already paying for a home you can’t afford a home.