this post was submitted on 05 Mar 2024
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I'll start, I bought a shit box of a house. Every morning I wake up , I regret purchasing the property. Paid $650k for a duplex(107sq.m), strata title.

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[–] invertedspear@lemm.ee 8 points 1 year ago* (last edited 1 year ago) (1 children)

Home ownership sucks at first. Especially when repair costs come up. But as rents continue to rise and your mortgage holds steady you start to see the value. Then when wages start to equalize after an inflation period it’s like getting discount rent. These words might ring meaningless at the moment but you’ll live to no longer regret your decision.

For me it has been a used car I let myself get urgency pressured on. I should have realized the transmission was on its way out, I should have paid more attention to the loose trim piece that after I got it home revealed that I need to replace the whole dash. And the perfume smell has not faded, and I’m kind of scared of what I’m going to smell when it does. All in all I overpaid by at least 50%. Because it was the 14th Wrangler I looked at and all the others had major issues.

[–] yoz@aussie.zone 1 points 1 year ago

Thanks mate. Yea my repayments are low so atleaat that's a positive when compared to rent.