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Land rents are pretty great in the US at least. Landowners get bailed out by taxpayers when times are hard in many instances. Plus laws are generally designed t
by danny_codes 1y ago
Land rents are pretty great in the US at least. Landowners get bailed out by taxpayers when times are hard in many instances. Plus laws are generally designed to protect land rents.
- kasey_junk 1y agoThat doesn’t change the question though. Why would the house you bought last likely be good for renting out? There are much better properties out there generally for residential cash flow. But the probable answer is mortgages. If you got a 30 year mortgage for less than 3% you almost certainly want to do anything you can to keep your hands on it. It’s probably the best financial device ever given to the average consumer.
- ryandrake 1y agoWhen supply is as constrained as it is, any house is good for renting out.