this post was submitted on 23 Dec 2023
1062 points (91.7% liked)
Memes
45745 readers
2067 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is called a risk investment. The risk is that nobody rents the place, in which case the landlord would lose the property.
As a renter, you have the freedom to call out that bet, but it's quite probable that somebody else will rent instead of you. Also, if the markets are efficient, it's almost 100% that you're not getting a better deal anywhere else for your place of residence.