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Re:Why the government took home prices out of its main infla... by ghaff on Friday May 27, 2022 @01:04PM (#31531957)
You can incur "maintenance debt" like anywhere else and some cans kicked down the road end up not needing to be done or being done in a different/better way. But as someone who lives in an old house, you do need to keep up to some degree especially with things that are only going to get worse if left alone.

I agree the parent lifetimes are probably a bit low. But the basic point that annual costs for a house/property are significant even if you can trim a bit at the margins.

Re:Why the government took home prices out of its main infla... by willcipriano on Friday May 27, 2022 @01:12PM (#31532050)
I agree you have to think about it, but things like appliances generally don't cost more to replace if you wait. If you have leaky roof or a wet basement take care of it as it will be cheaper to do now but those types of things don't make up the bulk of the maintenance costs, it's mostly little stuff that you can let slide if you need to. Other things like pest control you can do yourself with a little reading and call someone if it gets out of hand.

My point is mainly maintenance costs are a lot more flexible than rent. You don't fix a washing machine, you won't have a washing machine. Don't pay the rent and your out on the street.