Comment by sidlls
9 years ago
There are plenty of families who have no interest in buying even if they can afford it easily. One doesn't have to prey on the impoverished to have rental income.
9 years ago
There are plenty of families who have no interest in buying even if they can afford it easily. One doesn't have to prey on the impoverished to have rental income.
It is interesting also to see financially independent people who are happy to rent, keeping their assets in more lucrative and flexible investments than the real estate they live in.
There are lots of reasons to rent. It is generally a mutually beneficial relationship, like pretty much every other business transaction.
A lot of people don't understand the benefits or recognition of money velocity, but are also not privileged enough to care.