Owners that are paying interest on a note and passing it on to you are the reason that rents are out of control. If housing were a healthy market your rent woul

Owners that are paying interest on a note and passing it on to you are the reason that rents are out of control. If housing were a healthy market your rent would be the taxes+upkeep+something around market interest rates (on paid off property)-inflation. Which means you might be better off renting (economies of scale on maintenance/etc) and putting the extra cash into the stock market (or growing your business). AKA, your rent would be significantly less than the cost of taking out a mortgage to own the same properly. Obviously that isn't the case, and there are a number of reasons, starting with artificially low interest rates, government tax incentives for home ownership and backstoping 30 year mortgages for homes that weren't peoples primary residence.