The Real Estate Espresso Podcast (00:06:48)
Tenants can hardly be blamed for being confused. Many have never owned a home and they have no idea what it costs to own and maintain a property.
With the rise in interest rates, home affordability has become even more expensive. Inflation has affected many of the maintenance and repair costs. Air conditioners have gone up between 15%-25% in the past year. If your air conditioner fails, you will feel the pinch. That means your replacement budget just took a substantial hit as well.
———–
Host: Victor Menasce
email: [email protected]