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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by carlosjobim on Tuesday March 07, 2023 @08:29AM (#35055078)
> I just paid a fifteen thousand dollar plumbing bill.

That has to be for commercial real estate, or you've been ripped off. There is no possibility of a single family dwelling ever having plumbing problems of that scale.

But maintenance costs are in general a landlord lie. They wouldn't rent out their properties if costs where anywhere near income. As for my own anecdote, my landlord has spent at most 0,5% of what he's gotten in rent from me on maintenance over the years. A normal tenant won't break anything or induce any maintenance costs.

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by gangstead on Tuesday March 07, 2023 @10:29PM (#35064864)
That is a very believable number. I had a leak in my concrete slab last year. The plumbing bill was $20k, which didn't include fixing all the holes in the drywall nor the bathroom remodel after they went through the shower to jackhammer a hole in the foundation.