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
And if you rent, you're paying all of that for your landlord. So is an escape from all this even possible?
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