Politicians and interest groups from across the ideological spectrum are pushing for changes to boost housing construction in areas where people want to live.
You’re comparing apples to oranges with your monthly mortgage and rent rates, you’ve got to compare purchase prices to purchase prices and rents to rents.
But you said a half house rental would cost less than buying a whole house. Are we comparing the two or not?
I’ve said why I don’t like it, and you don’t have to agree. Neither of us can be proven right until the new rule is implemented.
I’m betting that people will take advantage of the changes and that middle to low income families will, at best, not see a benefit, and, at worst, have lower-quality more expensive options than before.
You can bet on everybody graciously opening up part of their house and charging a fair rate to cover an equivalent portion of their own expenses.
an apartment in that building will not be as expensive to buy or rent as a full house next door sitting on as much land as the whole apartment building
As in the price of the apartment sells for will be lower than the price the house next door sells for, and the price you can get for renting the apartment will be less than the price you can get for renting the house. The relationship between rents and sale price in the same place are more complicated, especially if you’re comparing an existing mortgage that followed from a sale years ago in a different housing market.
You’re comparing apples to oranges with your monthly mortgage and rent rates, you’ve got to compare purchase prices to purchase prices and rents to rents.
But you said a half house rental would cost less than buying a whole house. Are we comparing the two or not?
I’ve said why I don’t like it, and you don’t have to agree. Neither of us can be proven right until the new rule is implemented.
I’m betting that people will take advantage of the changes and that middle to low income families will, at best, not see a benefit, and, at worst, have lower-quality more expensive options than before.
You can bet on everybody graciously opening up part of their house and charging a fair rate to cover an equivalent portion of their own expenses.
I said the following:
As in the price of the apartment sells for will be lower than the price the house next door sells for, and the price you can get for renting the apartment will be less than the price you can get for renting the house. The relationship between rents and sale price in the same place are more complicated, especially if you’re comparing an existing mortgage that followed from a sale years ago in a different housing market.
Ok