News for hackers. Stuff that matters.

A comment on Housing is at the root of many of the rich world’s problems (2020). Parent comment

Re:Housing is at the root of many of the rich world’s proble... by SoftTalker on Wednesday August 17, 2022 @02:43PM (#32500121)
Not uncommon for parents to buy a house for their kid to live in, rent it to a few roommates to cover the mortgage, then keep it as an investment or sell for a profit when the kid graduates.
[ Parent | on HN ]
Re:Housing is at the root of many of the rich world’s proble... by pharmakom on Wednesday August 17, 2022 @05:28PM (#32501955)
But notice how that only works for a fraction (the larger part “paying” the mortgage)
[ Parent | on HN ]