2 ms·
There are plenty of places that rent far below what they cost the landlord in mortgage/taxes/HOA/repairs/etc. Home ownership, especially buying a home as an "i
by forgingahead 5y ago
There are plenty of places that rent far below what they cost the landlord in mortgage/taxes/HOA/repairs/etc.
Home ownership, especially buying a home as an "investment" is such an emotional thing that plenty of people buy property just to buy property, the math doesn't come into it. Most of the time, even with the appreciation of the property that they sell, the landlord would have been better off putting their money into other more liquid investments with higher returns.
But, many people just buy property because they don't know any better.