There is always something to maintain, fix, or renovate
by Jimbo Irish (2020-08-07 14:01:11)

In reply to: Homeowners, what do you hate about owning a home?  posted by gregmorrissey

Post Reply Return to Back Room

Beyond just normal maintenance like lawn care, cleaning, and general upkeep, I think most first time homeowners underestimate just how constantly they'll have to dish out for repairs or to replace key components of the house.

Even things like painting has to happen more frequently and is pricier than most expect.

It always seems like there's some major project that needs to be addressed, whether it's replacing a failed HVAC, water heater, or other appliance, or things like garage doors that age, roofs, sidewalk and driveway repairs, etc.

It's an endless list of things that are always in need of attention.

All of this is before even considering renovations and updates to keep things looking in style.

I love having my own home even with all of the hassle and cost, but even with the tax breaks on mortgage interest and equity accumulation, I'd imagine it's a toss-up as to whether renting is the more economical choice in the long run.

Replies: