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1 1/2 years as a homeowner and…

by karlkatzke on May 15th, 2011

So far, in one and one half years as a homeowner, I’ll have spent $25,000 (about 1/5 of my home’s purchase price) on repairs and maintenance.

That only includes receipts that I’ve kept; I have no clue how much I’ve actually spent. Triple the figure if I’d had to include labor costs.

It makes me sick to think that people who bought in stupidly at a peak and don’t have steady employment are getting breaks. Shouldn’t people who work hard successfully get rewarded?

(This post brought to you by NeatDesk, which has managed to collate and report on an unbearable number of receipts in the past few weeks.)

Lesson to all the kids in the audience: Homeownership isn’t for everyone. If you’re not willing to lift a hammer and you have no savings, it’s a trap you’ll never get out of.

From → punditry

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