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Real Estate
Reply to "Rental Help- Seriously how can they justify these prices"
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[quote=Anonymous][quote=Anonymous]I own a house in Petworth and they can justify these prices because they have to pay a mortgage and pay for maintenance and vacancies between turnovers. The bank don't care. [/quote] The justification for the prices is not defined by the cost to the seller, but by the market. It doesn't matter if you have an $8K mortgage. If there are more landlords willing to rent for less than there are renters, then no way in hell would you get $8K.[/quote]
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