Hi Chapos throwaway for obvious reasons.

I’ve managed to buy an apartment, two bedrooms. I live in it, but I rent the other room out. Is it unethical for me to hide that I’m the owner?

I don’t really lie-lie, like if I’m asked straight up I’ll answer, but I’ll avoid it if possible.

It’s mostly because it creates an odd power dynamic and I’d rather have a flatmate than a tenant if that makes sense.

Reason I bought is I don’t want to deal with landlords, obviously.

Do I get the wall?

  • Roonerino
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    2 months ago

    deleted by creator

    • GuiltyConscience [he/him]
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      2 months ago

      Less than half of the interest payment, or less than half of the mortgage payment? Because I don't believe you when you say market rent is only half of the, what, roughly 5% APR interest rate on the loan?

      Less than half the interest payment. It’s 90% leveraged, with interest of 6%.

      If you factor in projected capital gain, then at this interest rate it’s barely break even. (That’s not to cry poor. I went into this planning on interest rate drops.)

      • Roonerino
        ·
        2 months ago

        deleted by creator