Why More And More People Are Questioning The Financial Value Of Owning A Home In 2025

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An increasing number of Americans rethinking a long belief that having home is the key to financial stability. With the mortgage rates hovering by about 6 % to 7 % and home prices are still high in many markets, people began to ask whether mathematics are logical anymore.

“Pay 6-7 % of the interest in addition to the costs of carrying asset, which is estimated at 3-4 % historically, it does not add what is up.”

Although home ownership has been traditionally considered as a means of building stocks and closing housing costs, many commentators say the image is more complicated today. One person wrote: “Your main home is not an investment. Do not treat it as one,” he wrote. Another added, “Having a repair of your biggest living expenses, mostly.”

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But others pushed. The original poster answered: “I am not sure that he did so.” “The main and interest, yes. Insurance, taxes, maintenance? God bless it.”

In fact, many home owners have shared the topic how property and insurance taxes have increased sharply in recent years. One of the owner of the house said: “Our mortgage rises all the time, but this is often due to the increase in property taxes.” Note their last insurance three times since the epidemic.

Many people have indicated that comparing rent and mortgage payments is not clear. One of them explained, “The rent is the maximum that you will pay and the mortgage is the minimum.”

Realistic examples added the differences. One of the commentators wrote about a house sold for $ 1.9 million and underwent a reshaping of $ 500,000, leaving the new owners who invest $ 2.4 million and a monthly cost of $ 20,000. “This is not one time,” they said. “I can show this in every area around us.”

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Another Redditor, who bought a house 25 years ago for 143,000 dollars, shared that their total property costs were added to about 350,000 dollars while the value of the house is now $ 600,000. They said: “The lease payments during that time would add up to about 680 thousand dollars.” However, others have argued that comparing the previous and current circumstances is misleading. One person answered: “Today’s buyers are not like those who buy 25 years ago.”