Feliz cumpleaños!
luthis
joined 2 years ago
None of what you said is incorrect, but there are houses sitting empty that could be rented out. More than I expected in my city.
It's a small percentage of course, and I expect that the houses are in really rich areas that increase in valuation at a faster rate than the cost of owning an empty house. I'm not an expert on this though.
Then no one would build houses because if the house doesn't sell in time all the benefit to building a house gets taxed away.
I'm afraid they do, and I'm completely against it. They make money on capital gains. And also by using the houses as equity to make other investments. Those are the big fish though, most landlords own only one or two houses.
Maybe where you live but not here.
Yes but there is no way an 18 year old who just left school and is working minimum wage can afford a mortgage, completely ignoring the fact that they haven't had time to even save a deposit. Being able to rent and pay less than mortgage prices gives people a chance to save up for their own house.
I received earth gems in my vege box last week. I had never heard of them before. Apparently a bit like yams or beetroot. Haven't cooked them yet: