“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • glimse@lemmy.world
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    8 months ago

    Most rents are cheaper than mortages.

    Yeah because rental properties are often shitholes and it skews the numbers

    For the same exact property, rent is absolutely more expensive than a mortgage. Rent is usually paying for someone’s mortgage for them, why would they make it lower? Who are these generous landlords?

    • Lauchs@lemmy.world
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      8 months ago

      Yeah because rental properties are often shitholes and it skews the numbers

      Sure but my point is that this lady has made an extremely expensive purchase and now continues to pay for it.

      Most rents are cheaper than mortages.

      Yeah because rental properties are often shitholes and it skews the numbers

      Rent is usually paying for someone’s mortgage for them, why would they make it lower? Who are these generous landlords?

      Ahhh, there’s the misunderstanding. Local/single owner rentals are actually a small proportion of tenancies. Most are large organizations which have purchased a large building etc. It’s actually a kind of fascinating issue but worth reading about!