3 ms·
Margin on rent is always higher for several reasons: risk (the landlord remains hamstrung by a mortgage regardless of whether they have a tenant or not), privil
by eecc 6y ago
Margin on rent is always higher for several reasons: risk (the landlord remains hamstrung by a mortgage regardless of whether they have a tenant or not), privilege (not everyone can afford the downpayment, have good enough income history to convince the bank) or convenience (not everyone is interested in settling 10-20-30 years and bother with the hassle and costs of buying.)