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Real Estate
Reply to "Question for renters..Aren't you tired of paying someone's mortgage?"
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[quote=Anonymous][quote] OP may be surprised that people pay $3K per month in rent (more in my neighborhood), but [b]the mortgage costs in my neighborhood for the same home would be closer to $5-6K per month[/b], so home owners are losing significant investment opportunities. [/quote] This. Thank you. I chuckle every month when I write the rent check, knowing the landlord is getting zero return on his "investment." Buy if it makes you happy, sure, but it is not any kind of investment in the DC market, but a losing proposition, financially.[/quote]
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