Re:Los Angeles is spending up to $837k to house a single hom...
by zdragnar on Thursday February 24, 2022 @12:42PM
(#30457748)
That is definitely not a universal truth. Anyone who has rented out a house knows just how expensive a bad tenant is.
I have had a few friends who were in that position because they had to move but couldnt sell their houses (2008-2014 era roughly). They would have been better off taking the loss on leaving it empty after taking out loans to undo the damage done.
I have had a few friends who were in that position because they had to move but couldnt sell their houses (2008-2014 era roughly). They would have been better off taking the loss on leaving it empty after taking out loans to undo the damage done.