https://www.businessinsider.com/personal-finance/why-think-many-people-better-off-renting-2021-11

  • PlantsRstillCool [des/pair]
    ·
    3 years ago

    If this were true wouldn't it just mean landlords are getting ripped off and would be better off selling their properties and investing in the market?

    Which if it were true would obviously just be happening rather than y'know what's actually happening.

    • DetroitLolcat [he/him]
      ·
      edit-2
      3 years ago

      The serious answer is no, because real estate is a great investment if you already have landlord money because you avoid mortgage interest.

      Real estate is a terrible investment if you don't have the money to pay cash for it and have to take out a mortgage instead. This article is correct no matter what the debate bros and J.P. Morgan Chase Bank shills in the comments are telling you.

    • congressbaseballfan [she/her]
      ·
      3 years ago

      Tax breaks are diffeeent for landlords. This is true. You can’t write off when the HvAC breaks, hire a shoddy contractor to repair and then pocket the tax break