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triceratopsyesterday at 3:07 AM1 replyview on HN

I said they were inventing fantasy scenarios.

The actual numbers might be more like rent $1400 vs mortgage $1000. After property taxes, insurance, and maintenance there might be $50 left. A handsome 3.5% profit, rising to maybe 6-7% if you include principal paydown. This is hardly a money-printing machine. It's a steady return for taking on some risk.


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TimorousBestieyesterday at 3:12 AM

Ah, I see, you wanted to split hairs on the numbers. Fair enough.

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