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[-] NotMyOldRedditName@lemmy.world 4 points 1 month ago* (last edited 1 month ago)

I hate when people say they are 'losing' money if the rent doesn't cover the mortgage / taxes.

No bitch, you're getting $2k a month outta me thats going into your equity. If you gotta chip in $500 to get my $2k you aren't losing $500 a month.

Edit: just to clarify, I'm not saying they shouldn't charge more, but fuck the losing money narrative if rent control or something else changes the situation.

this post was submitted on 11 Jul 2024
177 points (97.3% liked)

Housing Bubble 2: Return of the Ugly

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