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A comment on Renting in America Has Never Been This Expensive. Parent comment

Re:Renting in America Has Never Been This Expensive by iamthepieman on Thursday August 13, 2015 @01:18PM (#10055743)
I guess on paper that's true. But management and opportunity costs are certainly not insignificant in that case.

Property management services typically charge 5-7% off the top plus a new tenant/lease renewal fee that varies by market.

Unless the amount of capital I have invested in my home is small compared to my total assets (it's not) then having that much money tied up in a non-liquid asset is certainly not contributing to my personal flexibility.

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Re:Renting in America Has Never Been This Expensive by pixl97 on Thursday August 13, 2015 @11:51PM (#10058536)
Yep, PC86 didn't take in effect the 'risk' factor. Some renters are highly destructive to property and you will never recoup losses from them. A significant policy change by the government can change the metrics that home buying is a better choice for your renters. A significant change in local behavior makes that neighborhood worthless to rent from.
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