A404@lemmy.dbzer0.com to Flippanarchy@lemmy.dbzer0.com · 4 months agoLandlords are scalpers for houses.lemmy.dbzer0.comimagemessage-square73linkfedilinkarrow-up1601arrow-down113
arrow-up1588arrow-down1imageLandlords are scalpers for houses.lemmy.dbzer0.comA404@lemmy.dbzer0.com to Flippanarchy@lemmy.dbzer0.com · 4 months agomessage-square73linkfedilink
minus-squareStupidBrotherInLaw@lemmy.worldlinkfedilinkarrow-up3·4 months agoI think they’re not considering how the portion of rent that only goes toward the mortgage is still profit despite it not being accessible until the home is sold or a loan taken against its equity.
minus-squareCroquette@sh.itjust.workslinkfedilinkarrow-up3·4 months agoThey never do. They want to be cashflow positive every month and still keep the equity.
I think they’re not considering how the portion of rent that only goes toward the mortgage is still profit despite it not being accessible until the home is sold or a loan taken against its equity.
They never do. They want to be cashflow positive every month and still keep the equity.