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A comment on Rents are up 40 percent in some cities. Parent comment

Re:Rents are up 40 percent in some cities by seanmcdirmid on Monday January 31, 2022 @12:35AM (#30144921)
The mortgage tax deduction is really hard to take these days given the increased standard deduction. I’ll try again this year, but unless I have something else to itemize, I’ll probably stay stuck with the standard deduction.

Being a landlord can suck even in a good market. If it were easy and risk free, everyone would do it.

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Re:Rents are up 40 percent in some cities by seibelj on Monday January 31, 2022 @12:37AM (#30144940)
Mostly it's the fixed rate mortgage - if you are wealthy it doesn't help - but it's still a handout that can tip the scales to owning over renting.
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