If you're hearing it a lot, then perhaps there might be some truth to it? You can refuse to believe whatever you want though. I agree I'd like to see a real st

If you're hearing it a lot, then perhaps there might be some truth to it? You can refuse to believe whatever you want though. I agree I'd like to see a real study about this, but yeah anecdotal evidence is all I've got. I know of at least 4 landlords like this, and the set of people who I know is an extremely limited sample size. How many you encounter probably correlates to how many homeowners over the age of 60 you know. These are people who have already paid off their buildings, which is usually also their home, and have decided that the potential income stream is just not worth the hassle of renting out their extra units and potentially getting bad tenants. Especially if they have been vacant a long time and would need some sprucing up to put on the market. They are retired and comfortable as it is and just dont want to deal with it. Better to just use that unit as storage or an occasional guest house for family or whatever.