this post was submitted on 04 Sep 2023
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Happy Labour Day to people who are not landlords. (lemmy.world)
submitted 1 year ago by BonesOfTheMoon@lemmy.world to c/memes@lemmy.ml
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[–] Kecessa@sh.itjust.works 1 points 1 year ago

So landlords should rent for the price of their mortgage only? What about when they're done paying their mortgage, they should rent for free and take a risk that the person "renting" the place will damage it and the landlord then has to pay for the damage? What's the incentive to rent then? Wouldn't that create more scarcity? What about if they're on a mortgage with variable rate, should the rent price vary every few months?