4 ms·
> In the street I live in the capital of the northern province of Fryslân (Frisia) most homes are owned by their inhabitants, but in the past few years we've se
by beckman466 5y ago
> In the street I live in the capital of the northern province of Fryslân (Frisia) most homes are owned by their inhabitants, but in the past few years we've seen several houses being bought by small-time investors (who already own their own home of course, are financially well on their way, and are looking for ways to save their saving from low interest rates and inflation), who charge renters four times what my fellow homeowners and I pay for mortgage.
specifically the last part:
> small-time investors who charge renters four times what my fellow homeowners and I pay for mortgage
But what about maintenance costs though? Those costs are very high, definitely 4x the cost of the mortgage! /s