2 ms·
From a public policy perspective, encouraging home ownership was arguably a mistake, but that is a seperate issue. Rental properties are normally cash-flow pos
by gizmo686 6y ago
From a public policy perspective, encouraging home ownership was arguably a mistake, but that is a seperate issue.
Rental properties are normally cash-flow positive, including payments on their mortgage. This means that buying a comparable unit that depriciates to $0 over a period of 30 years is still expected to be a net positive.