Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead - eviltoast
  • moxcie@kbin.social
    link
    fedilink
    arrow-up
    7
    ·
    11 months ago

    The thing is as a renter you basically pay for maintenance and repair anyway. If as a renter I damage a wall, I pay for it, if I leave the house messy when I vacate I pay for a cleaner out of my bond. If the place is freshly renovated my rent is higher to cover it, if there’s an unforeseen expense like a tap bursts, sure the owner pays for it… but then my rent goes up 150 a week next year because of “market trends”