Spyke

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Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

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The thing is as a renter you basically pay for maintenance and repair anyway. If as a renter I damage a wall, I pay for it, if I leave the house messy when I vacate I pay for a cleaner out of my bond. If the place is freshly renovated my rent is higher to cover it, if there’s an unforeseen expense like a tap bursts, sure the owner pays for it.. but then my rent goes up 150 a week next year because of “market trends”

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