logoalt Hacker News

itakeyesterday at 3:15 AM2 repliesview on HN

It’s hard for new landlords. People that bought houses to rent compete against property owners of paid off homes or people with 3% mortgages.

Tacking on optional insurance products on a property that’s already in the red further encourages landlords to push up rents prices.


Replies

gazebo2yesterday at 9:32 PM

Maybe people shouldn't be buying homes for the purpose of renting them then?

mx7zysuj4xewyesterday at 4:41 AM

Well yeah, it's also hard for any random person to start an oil conglomerate having to compete against ExxonMobil