> Currently there is a "mortgages must be cheaper" rule enforced by many landlords who refuse to rent out their properties for less than the mortgage. That is

> Currently there is a "mortgages must be cheaper" rule enforced by many landlords who refuse to rent out their properties for less than the mortgage. That is traditionally how houses were priced — pre-mini depression that is. People wrote whole articles and books trying to explain how this isn’t the case anymore, how you can lose money every month by subsiding your tenants and still come out ahead because housing prices always go up. It wasn’t even a question anymore and you were guaranteed to come out ahead because the fundamentals of the market had changed. Seriously, no way you could possibly lose money by investing in real estate. I think we all know how that new economic theory turned out…