Well mortgages and rent costs are pretty close these days aren’t they? Its the down payment and closing costs that price people out of buying a home then? Why not take away the down payment requirements so that renters could participate in the buying market. Maybe there can be deals where someone sells you there home for 1-2 years for 50% market rate but they have to give the house back at the end of the term?
I think the point being made is that this landlord stuff almost rarely works out well these days so why not change?
Well mortgages and rent costs are pretty close these days aren’t they? Its the down payment and closing costs that price people out of buying a home then? Why not take away the down payment requirements so that renters could participate in the buying market. Maybe there can be deals where someone sells you there home for 1-2 years for 50% market rate but they have to give the house back at the end of the term?
I think the point being made is that this landlord stuff almost rarely works out well these days so why not change?
no.