Any reason why we can't just change the tax code to make this thing less viable? We disincentive things all the time. Like we can carve out exemptions for situations and things I'm sure but like, this shouldn't be how to run a society.
this post was submitted on 08 Mar 2025
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A Boring Dystopia
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For the SUM of your tenants' rent to pay for your mortgage and most of the upkeep? Probably fair.
For ONE tenant to cover the whole mortgage? Geez, that's not nice, to put it softly.
It dpends. I rented out my old house for about 5 years because I couldn't afford to sell it (underwater) mortgage was ~$500 rent was $650.
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What's weird to me is that the first one pays for their vacations and the second one pays their mortgage. If I had rental properties I would do it the other way around.