Because I don’t qualify for a mortgage for double the fair market rate. That’s why they’re willing to pay so much for the properties. It keeps us from buying them.
Because banks for some reason think that people can’t afford to pay a mortgage that’s less than their current rent.
I love paying double in rent what I would pay for a market-rate mortgage
It’s totally different where I live (in the San Francisco Bay Area)… Renting is cheaper than buying here. A lot of the landlords bought their property a long time ago when it was much cheaper.
tipping? do Americans tip their fucking landlords too?
…do other countries seriously lack that much respect that they don’t even tip their landlords? my god what a shithole the rest of the world is
Tipping your landlord is essential for a good relationship. Not tipping them is basically wage theft.
how do I report this
Press the crosspost button to repost! And tip your landlord.
I’ve heard of cow tipping. Is landlord tipping the same sort of thing?
Cow tipping is a myth, and is impossible to do even with a few people.
But what about landlord tipping?
Idk, it sounds plausible.
but i saw it happen in the barnyard movie
Yeah. By paying the mortgage plus 30% on the property they bought at double a fair market rate just to keep me from buying it for myself.
I love paying double in rent what I would pay for a market-rate mortgage and getting no equity in return.
Thanks landlords!
If it’s that simple, why don’t you just buy somewhere?
It was for me, so I did. Went from paying £375/m rent to £200/m mortgage.
Most people can’t do that without leaving the community they have roots in
Because I don’t qualify for a mortgage for double the fair market rate. That’s why they’re willing to pay so much for the properties. It keeps us from buying them.
Because banks for some reason think that people can’t afford to pay a mortgage that’s less than their current rent.
It’s totally different where I live (in the San Francisco Bay Area)… Renting is cheaper than buying here. A lot of the landlords bought their property a long time ago when it was much cheaper.
It was a 4chan meme to “trigger the lefties”, but turned into a shitpost.
consider me triggered
No we don’t, but they wish we would.
Some landlords that are complete assholes ask, but I doubt you’ll actually see anybody actually do it.