I bought the house I am currently living in in 1993 and paid it off in 2020. My mortgage payment was around $900 per month. Obviously, I still pay taxes, insurance, and upkeep to continue to live here. My son recently moved out and just rented a 2-bedroom apartment about a 1/2 mile away from us. He's paying $1645 a month for about 1000 sf. I think I did the right thing by buying when I did.
Mike
Taxes, insurance, and upkeep. Owning requires constant costs.and large ones. They are a money suck. There is no avoiding it. Homes obviously are great for raising families, etc. from a strict investment lens my situation, admittedly unique, served me much better.