4 ms·
These are not financially identical at all, at least where I live. If heating breaks down, it is landlord's financial burden. Sooner or later you'll have to rep
by sladoledar 1y ago
These are not financially identical at all, at least where I live. If heating breaks down, it is landlord's financial burden. Sooner or later you'll have to replace the roof. You don't have this type of financial burdens if you rent.
- pmg101 1y agoYes it'd be interesting to see all those kinds of decadal costs factored in. My head is still very much turned however by the fact that rents rise with or above inflation every year, meanwhile I'm still paying off my mortgage in 2012 pounds. But I'm quite willing to believe I'm behaving irrationally.
- buttercraft 1y agoThose costs are factored into the rent.
- hext 1y agoExactly their point. That $50k of rent includes the cost of repairs & upgrades. The $50k you pay the bank does not.