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by Chris2048
1849 days ago
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> By buying a house someone else could have bought I interpret "others are struggling having roof over their heads" as struggling to make rent, not purchase a house. If you struggle to pay the bills, it might be hard to get a mortgage. > thus increasing the prices for everyone The price is higher because someone else is taking on the risk. The alternative is prices are lower, but increasing the risk (and up-front cashflow requirements) for everyone. > How does buying and renting a house provide something not already there The house was already there to buy. Now it's there to rent. Again, I'd assume those who struggle the most are looking for rentals. |
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