Re:Entire German bond yield curve back in sub-zero territory
by DasIch on Tuesday August 03, 2021 @02:26PM
(#28052432)
In Switzerland you pay tax on the rent you could in theory receive as a landlord minus maintenance cost and mortgage payments. I suspect that this is a far bigger contributor to infinite duration mortgages than the bond market.
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Re:Entire German bond yield curve back in sub-zero territory
by H8crilA on Tuesday August 03, 2021 @03:52PM
(#28053338)
Ah yes, save a bit on taxes to get the most dangerous form of financing ever available to the general public, leverage up to your eyeballs. A classic, if something goes wrong the government will help us, right? :). And it's not like an ordinary person would a) really understand what such a mortgage is, b) be able to afford the property without using it.
Re:Entire German bond yield curve back in sub-zero territory
by softveda on Wednesday August 04, 2021 @12:48AM
(#28057397)
In Australia for investment properties you can subtract the interest and all cost related to property management from your ordinary salary/wages/rental income
Re:Entire German bond yield curve back in sub-zero territory
by ComputerGuru on Tuesday August 03, 2021 @03:10PM
(#28052900)
I upvoted you for adding context, but I have a question: minus mortgage payments or minus the interest on mortgage payments? There’s a huge difference.