Show HN: Should I Get a House? a better rent vs. buy calculator

Re:Show HN: Should I Get a House? a better rent vs. buy calc... by hirsin on Monday July 19, 2021 @04:24PM (#27886890)

Maintenance cost likely scales with both size and cost. Size, for obvious reasons, and cost because the labor/materials cost of a repair is likely correlated with housing prices in the area. You then have to account for the portion of cost that's already correlated with size...

+1 to mortgage length. We heavily pivoted our decision to buy on getting a 7 year ARM because my friend and I knew we wouldn't grow old together there (wanting to do things like get married and have our own families). A time bomb on the mortgage was a feature, for us, and a cost savings.

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Re:Show HN: Should I Get a House? a better rent vs. buy calc... by rory on Monday July 19, 2021 @08:15PM (#27888773)

In my experience as a small-time landlord, maintenance does scale somewhat with cost, but not linearly. A lot of big costs on the materials side (like say, a furnace) are more or less fixed. At least, repairs don't cost 4x as much in a 800k house as they do in a 200k house of the same size.

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