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The Reality of Inflation, Rent, and Property TaxesPeople like to say that rent increases with inflation. That’s true — but property taxes almost always outpace inflation, which means the longer you live in a home, the more likely it is that your property taxes are going to outpace what your rent would have been.The Reality of MaintenanceWhen you rent an apartment and something breaks, it’s either going to be:Something you can fix yourself for $20 and the time it takes to get to Lowe’s and back, orSomething the landlord will fix on his dime and his time spent.When you own a home, you fix everything, on your dime, using your time. That’s many thousands of dollars and many hundreds of hours that you don’t get back because your home isn’t appreciating as fast as it’s disintegrating.
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