3 ms·

That sounds strange, what's in it for the landlord?

• danr4 5y ago
  0 interest loan I guess
• jayadeeptp 5y ago
  Opportunity cost. Landlord can use the money to invest elsewhere and make more than the minimum 12% APY. It is like 0% interest loan for the length of the tenant stay.
• Leftium 5y ago
  See my other comment: https://news.ycombinator.com/item?id=28319313 https://news.ycombinator.com/item?id=28319313
• beervirus 5y ago
  Interest income on the deposit.
• spoonjim 5y ago
  No credit risk from the tenant.