Re:The 30-Year Mortgage Is an Intrinsically Toxic Product (2...
by jacquesm on Saturday July 22, 2023 @03:17AM
(#36824105)
On buildings that you buy that are not fixer-uppers the average maintenance cost should not be more than 2% or so of the value of the home per year. There was a time that interest rates were lower than that but historically that's an aberration and some of those costs you'd have as a renter anyway, after all not all maintenance costs are borne by the owner, some are taken on by the tenant.
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