I feel like we may be stuck in the weeds of opportunity cost.
danw81
1

It’s really not surprising at all that rents are higher than homeownership costs. If they were not, very few people would become landlords, because it would make their entire investment reliant on speculation on the future value of the property. (Certainly few banks would make affordable rental property loans if the rent itself was break-even, at best.)

Not to mention that a landlord has certain risks he/she must bear, such as the fact that they still must make mortgage payments on the property, even when it’s between paying tenants.

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