FROM OUR INBOX
Sometimes, like if the housing market goes down, it works in favor of the tenant. Other times, particularly if the housing market soars, it works in favor of the landlord. But in all cases, it’s a voluntary contract. That’s the beauty of capitalism. As for defunding the police, abolishing prisons, and diverting taxes to Black Lives Matter? You go first: Toss out the rule of law in your town and let us know how it turns out.
worked hard to save capital, buy and improve a residential asset, and then find good tenants who will pay them in full and on time. They take on the risk of housing market crashes, bad tenants who trash the place, flooding, broken appliances, and the great expense of potential evictions. In return, they will also receive the potential reward of housing market upside and regular cash flow.
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July 2020
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