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by mrgordon
5513 days ago
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False. Your landlord could have purchased the place at an advantageous time many years or decades before you would have been ready to purchase a home. Thus the landlord could charge less than a current or recent homebuyer could charge while still profiting or at least covering costs. |
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That landlord would be better off selling.
Folks don't charge based on their costs. They charge what the market will bear above their costs.