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gdulli • today at 2:18 PM • 1 reply • view on HN

If the value of a house doesn't increase, then the property taxes, upkeep, mortgage interest, and selling fees would make home ownership untenable and worse than renting. And then if you rent the problem gets pushed up to the landlords anyway.


Replies

PunchyHamster • today at 2:28 PM

So you are saying that somehow landlord can pay all the same taxes and offer cheaper rent than buying it ?

Also did your six neurons figured out that it would also cause rent to decrease yet ?

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