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There's large downside risk to renting out property. One bad tenant trashing the place can cancel out years of rent. And in the Bay Area people invest more for
by klipt 7y ago
There's large downside risk to renting out property. One bad tenant trashing the place can cancel out years of rent.
And in the Bay Area people invest more for appreciation than rent. The rent/price ratio is much higher elsewhere.
- asdff 7y agoLandlords have insurance too. Plenty of people still rent. If a landlord is struggling to fill their apartment in sf, maybe they should try not asking 3000 a month. The demand is very much there.