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Rent is Robbery (lemmy.ml)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

This is called a risk investment. The risk is that nobody rents the place, in which case the landlord would lose the property.

As a renter, you have the freedom to call out that bet, but it's quite probable that somebody else will rent instead of you. Also, if the markets are efficient, it's almost 100% that you're not getting a better deal anywhere else for your place of residence.