Join Nostr
2025-06-30 16:58:51 UTC

Duncan Cary Palmer on Nostr: ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡Obvious truth.๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ ...

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡Obvious truth.๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
You donโ€™t own your home if you are forced to pay property taxes, youโ€™re renting for 30+ years & you call it ownership but a house is a liability not an asset:
โ€ข Mortgage Interest 7% x 30
โ€ข Property taxes 2% x 30
โ€ข Maintenance 1% x 30
โ€ข Insurance ?% x 30
The bank, govt & insurance companies are likely to make more money on you buying a house than you are! Donโ€™t hate the messenger. GC