• Morcyphr@lemmy.one
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    1 year ago

    Mortgages are locked in. Taxes, insurance, utilities, maintenance/upkeep are not. All of those things have increased since I bought my house a year ago. Rental properties experience the same thing.

    • afraid_of_zombies@lemmy.world
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      1 year ago

      My landlord’s taxes went down, I pay for utilities, not sure about insurance, as for upkeep I will let you know when I see that happening.

      • Morcyphr@lemmy.one
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        1 year ago

        Property taxes went down? I doubt that. As far as upkeep, if the furnace goes out, who pays for that? The property owner. That’s what I meant.

        • afraid_of_zombies@lemmy.world
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          1 year ago

          We got federal money for Covid and the commerical sector is doing well. Pretty sure the furnace is fine, but it isn’t like I have lived here for multiple years.