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/biz/ - Business & Finance

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>> No.54032346 [View]
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54032346

>>54032048
If you own a second home and rent it out you are exploiting the renters need for shelter for profit. You add nothing to the economy and considering rents are higher than most mortgage repayments you’re artificially driving up the price of renting.

That’s if you own the house flat out.

If you mortgage the house with the sole intention of renting it out and having someone else pay the mortgage while collecting a percentage you’re engaging in debt manipulation of the highest order and should watch your family be executed in front of you before your eyes are gouged out and you’re dumped into the ocean

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