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Re:Ask HN: Where can I live off 1k USD per month? by throwawayswede on Thursday August 26, 2021 @03:23PM (#28319377)
That sounds strange, what's in it for the landlord?
Re:Ask HN: Where can I live off 1k USD per month? by Leftium on Thursday August 26, 2021 @03:27PM (#28319441)
Re:Ask HN: Where can I live off 1k USD per month? by jayadeeptp on Thursday August 26, 2021 @03:26PM (#28319423)
Opportunity cost. Landlord can use the money to invest elsewhere and make more than the minimum 12% APY. It is like 0% interest loan for the length of the tenant stay.
Re:Ask HN: Where can I live off 1k USD per month? by danr4 on Thursday August 26, 2021 @03:26PM (#28319414)
0 interest loan I guess
Re:Ask HN: Where can I live off 1k USD per month? by beervirus on Thursday August 26, 2021 @03:36PM (#28319547)
Interest income on the deposit.
Re:Ask HN: Where can I live off 1k USD per month? by spoonjim on Thursday August 26, 2021 @04:00PM (#28319861)
No credit risk from the tenant.