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> Given the house for rent is an investment, it’s obvious who should be taking the loss: the investor. That seems like a statement that feels good, but what sh
by jjav 5y ago
> Given the house for rent is an investment, it’s obvious who should be taking the loss: the investor.
That seems like a statement that feels good, but what should be the desired outcome for the benefit of society?
If you make taking a loss being the norm for a landlord, the outcome won't be having landlords grin and bear it and a city full of happy renters.
No, the outcome will be landlords will stop renting out since it doesn't make sense to take a loss. So the availability of rental units will dry up.
- trasz 5y agoThey will keep their properties empty - and thus only making loss - instead of renting and thus having some (low) risk of making a loss?