Thursday, February 13, 2025

Destruction of Retirees | Housing,Taxes, Insurance, Medical Care and Supplementing Expenses of 'Adult' Children

Title: Have Your Property Taxes and Insurance Ballooned? You’re Not Alone. Here’s Why These Costs Can Exceed Mortgage Payments For Many

Article Snip: "...Variable costs like property taxes and homeowner’s insurance premiums comprise 35% of the average monthly mortgage payment. ...Property taxes and homeowner’s insurance premiums continue to take a big chunk out of homeowners’ monthly mortgage payments. To offset these costs, homeowners are implementing various solutions, including downsizing, relocating, cutting back on expenses, and deferring large purchases. These efforts could help make homeownership more affordable for many homeowners."

Reference: www.investopedia.com
Destruction of Baby Boomers,Destruction of Retirees,






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