Home ownership bad idea reports guy with $5000 in the bank - The Beaverton

Home ownership bad idea reports guy with $5000 in the bank

Please select a featured image for your post

VANCOUVER – The benefits of home ownership do not outweigh its many risks, according to a guy with $5013 in his bank account.

“You have to look at taxes, maintenance fees, and other expenses that can add up over the long run,” he said. “Plus you need to consider the possibility of a price correction in the near future,” the guy also warned. Those still listening were then told that there is nothing to be ashamed about taking the bus to work, and sharing a basement rental unit with other 30-year-old housemates.