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In many cases rent is set to prop up the value of the house to match the loan, not to match any market rate. I.e. rather empty to not break the silent understa
by rightbyte 1y ago
In many cases rent is set to prop up the value of the house to match the loan, not to match any market rate.
I.e. rather empty to not break the silent understanding with the bank than too make money.
Remember the stock is the product not the leases.
- nradov 1y agoNo, that's not how it works. You're just making things up. There's no such thing as a "silent understanding" with a bank. Either that's a covenant in the loan terms or it's not.