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0 pointsbaby6y ago0 comments

This is wrong. Because the landlords are still making money. If they were renting at a cost they would have sold their places a long time ago.

0 comments

No, if they stopped making money they would convert to owner occupied as imputed rents are not controlled. Which is what happened.

I know several landlords who are net negative on their rent. Why did they buy? For the expected appreciation.

babyOP6y ago

And that’s why housing shouldn’t be an investment

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0 pointsbaby6y ago0 comments

This is wrong. Because the landlords are still making money. If they were renting at a cost they would have sold their places a long time ago.

No, if they stopped making money they would convert to owner occupied as imputed rents are not controlled. Which is what happened.

I know several landlords who are net negative on their rent. Why did they buy? For the expected appreciation.

babyOP6y ago

And that’s why housing shouldn’t be an investment

j / k navigate · click thread line to collapse