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A comment on America’s Covid job-saving programme gave most of its cash to the rich. Parent comment

Re:America’s Covid job-saving programme gave most of its cas... by nsxwolf on Wednesday February 02, 2022 @09:36AM (#30178101)
If the increase in equity should be satisfactory, that's an argument for just letting everyone live in the place for free. I mean, you're coming out ahead.

I know other landlords with multiple units. If they don't think something will be an income producing property, they won't buy.

[ Parent | on HN ]
Re:America’s Covid job-saving programme gave most of its cas... by greenshackle2 on Wednesday February 02, 2022 @10:24AM (#30178831)
My point is that you charge market price. Because that's how markets work.

Price to rent ratio varies very widely between different markets. If you don't want to buy in a market with a high price to rent ratio that's fine. There's simply no rule that guarantees a price to rent ratio such that rent covers all costs plus the full payment on a 30 year mortgage in all markets at all times.

[ Parent | on HN ]