Kiera Duncan, a content creator and mom, expressed regret over becoming a homeowner, describing it as a nightmare three years after purchasing her home. Initially affordable, her homeowners’ insurance has doubled, adding over $100 to her monthly payments. Despite arguments that owning is cheaper than renting, Duncan feels her expenses are akin to renting without landlord support for maintenance issues. Struggling to balance costs as a single mother, she faces potential rental again despite investing over $30,000 upfront. Many Americans share her financial challenges with home ownership, including high costs and insufficient income for upfront payments.
https://www.yourtango.com/self/single-mom-says-biggest-mistake-life-was-becoming-home-borrower