Real Estate markets are extremely complicated. The price movements in this market are usually slow and difficult to come by. A major factor behind this is the type of investors who put their money in the real estate markets.
Home ownership is often considered by the layman as being a single expense i.e. the purchase price of the property. However, if we were to truly analyze the situation, home ownership consists of several expenses. It is easy to forget about some of the expenses while budgeting.