4 ms·
While this is mostly true, it’s important to understand that rents are not just “cost + profit.” They are market based. Sure, the market often pushes it towards
by pgwhalen 9y ago
While this is mostly true, it’s important to understand that rents are not just “cost + profit.” They are market based. Sure, the market often pushes it towards something close to that formula, but it is not a guarantee, and many of the subtleties of buying vs renting are lost on those who reduce it to that formula.