For the SUM of your tenants' rent to pay for your mortgage and most of the upkeep? Probably fair.
For ONE tenant to cover the whole mortgage? Geez, that's not nice, to put it softly.
this post was submitted on 08 Mar 2025
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It dpends. I rented out my old house for about 5 years because I couldn't afford to sell it (underwater) mortgage was ~$500 rent was $650.
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Here's a tip poor people; just have money!
Same people will be looking for a govt bailout when the real estate market collapses.
All i had to do was just buy 4 houses? Damn. I'm rich!
The appropriate criticism here is about corrupt markets resulting from restricted/scarce housing supply. Fair markets that encourage abundant housing supply, are ones that would lead to "perfect competition" and fair ROI on capital. The oligarchist/capital supremacy model of US/west corrupts markets against abundance, because extortionist profits fund politicians to protect extortionist profits.
UBI, not democracy, is the important freedom that can address structural corruption, but still the option to rent still needs to pay for the capital/expense investment in allowing you to rent.
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What's weird to me is that the first one pays for their vacations and the second one pays their mortgage. If I had rental properties I would do it the other way around.