3 ms·
This is an egregious misreading of the parent comment. Someone in a position of economic vulnerability isn't going to invest in housing to rent out if there is
by jbm 4y ago
This is an egregious misreading of the parent comment.
Someone in a position of economic vulnerability isn't going to invest in housing to rent out if there is a non-insignificant chance of damage to the property.
Moreover, this uncertainty has the perverse outcome of pushing the potential small landlord to use his funds to invest in something like a real estate investment fund - which will result in less local control over housing.
- mmarq 4y agoAre these 150K being used to build a new house or to buy an existing house? I think it’s time the English speaking world realised that landlords are not providing a service, they are extracting a tax on people that don’t have 150K to pay a deposit.
- jbm 4y agoPortugal is not part of the "English speaking world".
- tumetab1 4y agoThe down payment would only be 10% of that. Existing or new house would be same, houses that are bought for rent are only available through mortgages which are a pain. When I was younger I would really like to have more houses to rent... I don't really care if they provide a service or not, it's the cheapest and more liberating option available. If the neighbors are a hell... I could just move out. Or if the house was not close to a gym I liked... move out.