this post was submitted on 19 Mar 2024
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Short answer, if appreciation (the increase in value over time) exceeds costs (taxes, maintenance, mortgage interest, minimum utilities, etc), you are profiting (unrealized capital gains) just by owning the house, similar to stocks and bonds.
Understood. This stems from someone claiming that renting it out for profit is in and of itself wrong. Applying what you said, all renting is criminal according to their logic.