whoisearth,
@whoisearth@lemmy.ca avatar

People (talking mom & pop) should not be able to purchase a home simply for the purpose of renting it out.

I agree with that.

The problem is the reason people do that is because of a few things.

  1. The ROI is absolutely retarded. My last house (I live in don’t rent) I made 800k in 10 years. That’s insane. Find me an index that turns 500k into 1.3mil in 10 years
  2. Passive income if you don’t do shit that landlords should be doing like regular maintenance.
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