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Reply to "s/o Why do some people think renters are trash and have no rights?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Unfortunately most renters aren't as thoughtful as you, most could care less about the property and they simply make the area look bad. I live in a nice area with higher price homes and you can easily tell which homes are rentals. Sorry but it's true. Renters, at least older ones, are typically either poor or have other troubles. The renters relying on government aid are the worse. Sorry but White Trash is alive and well in most communities. [/quote] I'd love to send you a picture of my street, where the two renters of six homes either blend in seamlessly or have a nicer garden than half the other houses. Your gross generalization about a particular group, your vehement insistence on knowing the truth via said generalization, and your use of the phrase "White Trash" all really combine to make you look like Captain Asshat. [/quote] The generalization that renters don't take care of property isn't wrong. It's true, which is why and how banks can discriminate on loans and charge more interest to investors rather than owner occupants. [/quote] Nonesense. Investor loans are higher risk because investors can walk away from an underwater property with no personal/social damage, only financial, and that makes a big difference. And because stats show that investors do in fact default at higher rates than owner occupied. It has nothing to do with how well or poorly renters look after their homes. [/quote] You are completely wrong. The reason you give is just one reason. Banks also think about the maintenance. I.e. - if something goes south and they have to foreclose, it would be easier (and more profitable) for them to sell a well maintained owner occupied property than one that was rented.[/quote]
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