[beachstartup]

basically you can rent a mortgage from home owners who bought their mansions when they were still reasonably priced. the rent/mortgage ratios are still reasonable - however, the baseline is just a lot higher than your typical 2 bedroom condo.

many times the actual home owner lives in a much cheaper place. maybe in an apartment in the city, maybe in a bigger house in south carolina where they have servants and a fleet of classic cars. who knows.

it's how rent vs. mortgage is supposed to work.