Roonerino [they/them]

  • 0 Posts
  • 235 Comments
Joined 6 months ago
cake
Cake day: March 31st, 2024

help-circle














  • Less than half of the interest payment, or less than half of the mortgage payment? Because I don’t believe you when you say market rent is only half of the, what, roughly 5% APR interest rate on the loan?

    I’m guessing what you’re saying is that your tenant will be helping pay down your mortgage, but without getting any equity. If that’s the case, then you’re definitely setting up an exploitative, unequal relationship with your tenant. Whether that is inherently unethical or wrong is a more subjective matter, but any friendship you might think you have with your tenant/flatmate is going to be primarily colored by that unequal power and exploitation.