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Awesome, so show me (I don't literally demand that you do, but rather mean anyone) actual data of rents that are lower than corresponding mortgages. Anecdotal e
by corresation 13y ago
Awesome, so show me (I don't literally demand that you do, but rather mean anyone) actual data of rents that are lower than corresponding mortgages. Anecdotal evidence is very, very much to the contrary.
- huherto 13y agoIt would be useful to be able to compare the rental market with sales market to get a good idea if the houses are good to buy or not. But I have no idea how to monetize such a thing.
- AnIrishDuck 13y agoExamples are rare, because they require a perfect storm of market conditions. I'm not challenging that, just the notion that it "makes no sense". If you don't have enough equity to cover your loss on a sale, it absolutely can make sense to take a small hit on recurring mortgage payments.