3 ms·
> Rent shouldn’t be anywhere near the cost of a mortgage Rent (for the same property) should be MORE than the cost of a mortgage (for the same property). The
by loco5niner 8y ago
> Rent shouldn’t be anywhere near the cost of a mortgage
Rent (for the same property) should be MORE than the cost of a mortgage (for the same property).
The owner is taking on both risk and maintenance costs.
Now, if you're saying "monthly rent on a 2 bedroom apartment should be cheaper than a monthly mortgage payment on a 5 bedroom house", that's different...