Submitted by SmarterShelter t3_z8ghr1 in personalfinance
peter303_ t1_iyeujje wrote
Reply to comment by umassmza in If Buying a House Is Cheaper Than Paying Rent...? by SmarterShelter
Insurance, property tax, utilities inflate also.
umassmza t1_iyf5l7r wrote
Yes but as a percentage of COL it’s not nearly as much.
Long term, doesn’t matter much that my parents home assesses for $800k when they bought it for $35k in the 80s
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