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by MathYouF 1876 days ago
Why don't you rent out your car on Turo when you're not using it, or resell your items when you're done with them rather than throw them away? I suspect, for the car example at least, it's for similar reasons. The liability of damage and hassle of managing a tenant is greater than the potential upside of rent for them.
1 comments

If the property is to park money and with US real estate you can liquidate it very quickly for a cash sale, a tenant will throw a huge wrench in that.

A tenant in a single unit/house will easily drop the price by 10% or more from my experience trying to buy a single family home in SoCal in 2016.

As well, who can afford to rent these units? The mortgage/break-even point for for a $8mil value would be $37,825 a month.