Re:In January, there were more real-estate agents than homes...
by dragonwriter on Tuesday March 23, 2021 @03:56PM
(#26559625)
> The money you're spending on housing when you own a property is accruing as equity instead of being siphoned off by a landlord
In principle, the principal payments are doing that (interest payments are being siphoned off by a bank, instead of a landlord), as is any delta in the property value (but if that's negative, that's anti-equity).
In principle, the principal payments are doing that (interest payments are being siphoned off by a bank, instead of a landlord), as is any delta in the property value (but if that's negative, that's anti-equity).