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Re:Millions of Americans skipping payments as wave of defaul... by 6510 on Thursday June 04, 2020 @03:42AM (#23413793)
Think lease-to-buy. That way the tenant has skin in the game. MY house was a school project. It was absurdly cheap to build as the construction workers had to pay to build it. If you account for market value the rent paid for the place 4-5 times by now. If you only take the original construction cost + maintenance its been paid for an absurd number of times, so many times over that I don't want to think about it.

We can at least lower the rent down to zero over [say] 40 years but it would be more reasonable to make the tenant the owner after he paid for the place 3 times over.

Re:Millions of Americans skipping payments as wave of defaul... by asah on Thursday June 04, 2020 @04:38AM (#23414177)
The rent would have to increase a lot - why not just take the extra money, invest it and save for a down payment? Much faster than 40 years, tenant can live anywhere and there's no financial entanglement between landlord and tenant along the way.
Re:Millions of Americans skipping payments as wave of defaul... by 6510 on Thursday June 04, 2020 @11:31AM (#23417954)
Rent is always based on what people can pay.