this post was submitted on 22 Apr 2024
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A Boring Dystopia

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[–] [email protected] 49 points 5 months ago (103 children)

I am a landlord and also have a full time job. I also spend my time fixing my units.

With the maintenance cost and taxes, I'm actually losing money or breaking even depending on the year.

My tenants are living in a house that they wouldn't be able to afford on their own in today's market. Being able to live near their work.

So why am I the bad guy?

[–] [email protected] 5 points 5 months ago (1 children)

Do they pay more in rent than your mortgage payment? Because that would mean that they absolutely could afford it.

[–] LordOfTheChia -1 points 5 months ago

If they can go back in time and get the same APR and buy the house for the same price...

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