424
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Jun 2024
424 points (98.0% liked)
News
21721 readers
4944 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
I am not sure why you think it should be any way else with our current systems, though. Asking less means the home owner is effectively paying for maintenance and upkeep entirely out of pocket, and entirely net loss for them. That said, I also don't think that means they need to price gouge and trying to make huge profits.
It’s not a net loss. Renter’s pay can be used for maintenance or equity or anything else. Since houses don’t depreciate in this market and maintenance costs are not even close to rent, the landlord only gains.
I understand, but the comment I replied to was implying that rent should somehow be less than mortgage plus insurance. My point is that under those circumstances, it doesn't make sense.
An equitable method would beto splitthe cost of mortgage and insurance between the property owner and the renter. 60/40, 50/50 etc. Having the renter foot the entire bill with no benefit other than occupancy is just not a fair deal imho.
You can only live in one location at any given time, so the fact someone is willing to pay money to use an otherwise unused, extraneous space/house is indeed a profit by any measure.