Re:The High Cost of Homeownership
by hurricanetc on Thursday February 13, 2020 @10:44AM
(#22318583)
> But that savings of $600 per month is more than outweighed by the huge repair costs we've incurred. It'll take ten to fifteen years to make up the difference, to break even with the condo expenses.
Unlikely to ever break even. The opportunity cost of the $100,000 they spent is enormous. They’ll never break even on that by saving $600/month.
Unlikely to ever break even. The opportunity cost of the $100,000 they spent is enormous. They’ll never break even on that by saving $600/month.