/biz/ - Business & Finance

When you pay $1500 a month in rent, about $1300 of that goes directly to expenses of maintaining the property.

It's common for only 10% of the rent to be profit for the landlord. For smaller landlords who don't have economies of scale, it's even common for 100% of the rent to go towards expenses. The landlord only makes a profit when the house appreciates and they sell later on.

So the rentcucks who think "I will buy a house and save money" might be saving 10% compared to renting. But not much.

Rentcucks also don't think of what actual long-term maintenance costs per month. For example, if you pay $7500 for a new air conditioner once every 12 years (expected life), that's $52 per month FOREVER just to fund owning an air conditioner. Before the electric bill is paid.

i'm waiting for +50% today. to hopeful?

>>52687730
I want her to uppercut me in the balls while calling me a pook guy gweilo.

>>52414851

>>50572934
cartoon booba