My local newspaper links the Sunday WSJ for free, so I think this Jonathan Clements article can be read without a subscription.
Essentially he says that his 200% home appreciation has been "eaten" by improvements, repairs, & maintenance. The only time you profit from ownership is when you pay off the mortgage and live in the house "rent free".
Landlord-free peace of mind? Priceless...
Essentially he says that his 200% home appreciation has been "eaten" by improvements, repairs, & maintenance. The only time you profit from ownership is when you pay off the mortgage and live in the house "rent free".
Landlord-free peace of mind? Priceless...