Megan and Emmett Hawkins live in a one-bedroom apartment with three kids. Renting out their five-bedroom house is their primary source of income.
    • rc__buggy@sh.itjust.works
      61·
      3 months ago

      And it’s because of that old axiom, “Rent is the most you’ll spend on housing, a mortgage is the least you’ll spend on housing.”

        • rc__buggy@sh.itjust.works
          51·
          3 months ago

          Not just risk but amortized maintenance. Water heater only lasts 12 years, furnace 18. Roof is about 20, siding 15-50 depending.

          edit: Kitchen appliances now about 5? according to my recent experience. Probably the same for laundry machines. Toilet innards, like 10? Sink leaks, actual plumbing leaks, windows are gonna need it eventually and then fuck what about the garage door opener?