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He probably owns his home. Most people who own property don't count the imputed rent as part of their expenses. Whether they should depends a lot on context.
by ianferrel 9y ago
He probably owns his home. Most people who own property don't count the imputed rent as part of their expenses.
Whether they should depends a lot on context.
- cardiffspaceman 9y agoImputed rent doesn't seem like a strong concept here. If someone wants to imagine expenses, then they can certainly imagine that the player bought an annuity that pays his landlord the rent forever, so that imagining the imputed rent has to come out of his 25K is like double-counting the rent.
- ianferrel 9y agoI'm not 100% sure I understand your comment.
- yellowapple 9y agoEven without owning one's own home, not all areas have high rent, even within the same state. California, for example, has a pretty big swing in rents between the Bay Area and even Sacramento, let alone somewhere further north or south in the Central Valley.