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Home owners are stuck with losses

Home owners are stuck with losses

Eddie Fadel
February 26, 201 @Geno Bronzi @Eddie Fadel where can you build home with basement or partial brick for $50 to $55 a sp ft? Are you referring to manufactures homes perhaps?


Geno Bronzi March 1, 2013 Where ever you`d like us to build it.


Joe Gerhardt
February 25, 201 I inherited my mom`s home and moved out of an apartment. It saves about only $2000 a year initially, but then there is the $6000 roof and the $900 water heater and painting, mowing and up keep that exceed the money saved. I have no mortgage either. Some areas around me that retired people live in paid off homes spend almost as much in property taxes as rent! Hard to retire on a fixed income when you cant afford to live in your home anymore. Just ask WWII vets that lived in Hawaii or in other affluent US neighborrhoods like Bocca Raton Florida.


Dee Dee Canady
February 25, 201 Renting provides the flexibility to escape excessive municipal or even possible state tax increases. Not being chained into an intolerable situation is worth its weight in gold.

4Geno BronziChristy TragennJoe GerhardtBob Frank
Joe Ciletti
February 25, 201 @DeeDee @Geno- Do you actually think that a landlord is going to swallow these excessive increases himself, or do you think these increases will be rolled into the next round of rental pricing? The answer is simple. Geno will try to tell you that landlords ALWAYS eat the tax increases and would NEVER pass it along to the renters. Geno lives in Dreamland.

1Bill H Illify
Bill H Illify
February 25, 201 Joe...you are correct...rental prices will go up correspondingly to any tax increase....same reasons that corps don`t pay taxes, we the consumers pay those taxes.....if you don`t understand that you are behind the curve...


Joe Gerhardt
February 25, 201 You guys are behind the curve. I hasd a landlord who didn`t increase rent unless you moved out and then moved back at a higher rate. Rents are kept in check by demand and availability, not taxes. Rent is still cheaper, depending upon where you live. Add major expenses like roofs and water heaters and maintenance and rent is still cheaper. You have the option to move , while home owners are stuck with losses, since upgrades in property, do not translate into higher costs incurred. Being a fixit man and pumping money into a money pit, instead of enjoying life, is not my cup of tea.

1Geno Bronzi
Christy Tragenn
February 25, 201 It is a money pit and you never really own anything. I can tell you that our kids (late 20`s) have no desire whatsoever to buy a home after watching the crash. They are just happy having good jobs, keeping bills paid, and renting nice homes.

2Joe GerhardtGeno Bronzi
Joe Gerhardt
February 25, 201 So true! Granite countertops, material rising costs and repair costs by plumbers etc. aren`t worth it and exceed rental increases. People want a fortune for their dumps in the country, beacause they think they can recoup those expenses for their remodels. The people buying only see a house as is. Mosr retired people can`t afford to live in their houses, hence the reverse mortgage craze. Take your pick. Enjoy life or become a handyman who likes to spend money remodeling and stay home.







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