Let’s say the mortgage is payed. Then the rent pays whatever the landlord decides to do with that money. Like literally any other transaction.
Let’s say the mortgage is payed. Then the rent pays whatever the landlord decides to do with that money. Like literally any other transaction.
How did you come to this conclusion? If someone is renting it means they they can’t pay for mortgage. Otherwise they would’ve done so. He said, that he needed to make a 20% payment to even get the mortgage. Idk how much money that was for him, but where I live that would be around 130k$. Clearly not everyone has that kind of cash.
And what’s your solution? Disallow renting properties for which mortgage wasn’t posted in full?
No one is paying for his mortgage. Someone is paying for a rent. If you think this is bad, then rent should be outlawed.
I don’t get this argument. The US government has invested into a tech development. Which means that spacex seemed to have a good base to pull that off. I didn’t see a line of other companies doing anywhere near that capability.
Also, everyone calls for government to take lead in doing stuff for the betterment of humanity, but the second that happened, everyone loses their minds. Make up your mind, are we ok with government doing stuff or not?