Quote:
Originally Posted by imotion s14
Most people can't. It's a cultural phenomenon of the mid 20th century that is reversing. Tying yourself down to a local economy in a global age seems pretty stupid.
The majority of people can't afford the trust cost of home ownership. Like my $6000 sewer line repair.
I could have invested that in equity and got better returns in 30 years
But hey at least you can turn up your home theater system!
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I've got a proper contingency fund that I put money into monthly. I won't be caught with my pants down if something bad happens out of the blue. I'd file that under the cost of living. Stuff like that shouldn't be a second thought if you own a house.
And I LOVE to turn my HT up proper for movie night
