4 ms·
> rental rates are exactly the same thing as interest rates (+/- wear and tear and so forth). In what world? I have never seen a market where rents were below
by vonmoltke 9y ago
> rental rates are exactly the same thing as interest rates (+/- wear and tear and so forth).
In what world? I have never seen a market where rents were below P&I for a comparably-priced house[1]. I would love to see a real example of this.
[1] Note that this does not automatically make buying better, as rent factors many costs P&I does not.
- ouid 9y agoBecause if not there would be an incredible opportunity for arbitrage.