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That's not how prices work. The landlord is absorbing a huge liability by owning the home in the first place. You're a renter, your risk exposure is 0. That's w
by cirgue 8y ago
That's not how prices work. The landlord is absorbing a huge liability by owning the home in the first place. You're a renter, your risk exposure is 0. That's why rent will almost always be higher than a mortgage.
- ianai 8y agoI’m not at all talking about renting a home vs owning a home. That’s going to be a significantly minor portion of a rental market. The nearest comparison is like sqft for like sqft apartment vs condo/townhome. That gets you closest to ceteris paribus without the actual total market data.