Homeowner vs. Renter: Why Should You Ever Buy a House (at all)?

Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by axod on Monday May 12, 2008 @09:50AM (#187567)

Of course. I'm sure it's common in some parts that landlords make a loss in month to month terms, but then once the mortgage is paid off they own it and sell it, and it's gone up massively in price. Maybe that's their big pay day.

I'm sure other landlords make a very good profit month to month also. But if landlords were making a loss in real terms over years, they would probably stop doing it.

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Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by pchristensen on Monday May 12, 2008 @11:04AM (#187620)

Even if the property loses money, the owner gets tax deductions for depreciation on the property, and the owner can apply the loss to their own taxes (useful if you have high income like a doctor or lawyer).

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Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by Goladus on Monday May 12, 2008 @01:35PM (#187762)

What makes you think landlords don't take losses and don't stop doing it? Measuring only active landlords gives you a biased sample set.

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