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Another valuable life lesson from Elmo and friends! (lemmy.world)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 2 months ago (5 children)

I think the trade is, you take on the purchase of the house, and the landlord takes on all the downside risk.

[–] [email protected] -1 points 2 months ago

Yea I rent my first house out. Mortgage is 900 and they pay 2000. If they bought my house right now it'd cost them 2800 monthly. Plus their rent is cheaper than the local average by a long shot.

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[–] [email protected] 1 points 2 months ago (2 children)

So you prefer having a millionaire landlord, noted..

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