Flip this house. Please!
- This first shock of homeownership (that property values sometimes go down) was followed by a second: hidden costs. Property taxes, for instance. My annual bill amounted to half what I had paid in rent. There were fees for water and garbage collection and heating oil and insurance. If only someone had told me -- or pointed me to the right book, perhaps "Homeownership for True Dumbshits" -- I would have at least tried to scare my wife into a cheaper house.