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A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

Re:JPMorgan to spend $1B on rental homes in the US to become... by cloverich on Saturday December 31, 2022 @01:08PM (#34198982)
Hmm in that case I think your argument doesn't make sense. "Good investment" regarding purchasing your own home is in comparison to renting. The price of the home doesn't need to go up for it to be a good place to put money, nor does it require any sort of "Ponzi scheme". It only requires the total price of maintenance not exceed the price of forever paying rent.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by BenFranklin100 on Saturday December 31, 2022 @01:21PM (#34199110)
That’s because twice now you’ve not bothered to read what was actually written. I’m not going to explain the argument a third time to someone who isn’t putting in the effort.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by cloverich on Monday January 02, 2023 @01:20AM (#34214959)
Of course i could be wrong but you seem to contradict yourself in your first reply (You claimed new landlord policies were paramount, then that you were talking about primary residence ownership where landlordship wouldnt apply?).

You then said primary home ownership is a ponzi scheme which I gave an example as to why that seems untrue. I might be wrong here but providing a counter argument supporting why renting should be preferential to home ownership financially would be helpful as that seems superficially untrue.

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