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tshaddox
4 months ago
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Private sector lost 33k jobs, badly missing expect...
It's a
very
different form of rent though, namely because the mortgage borrower has a lot of collateralized debt
and
the mortgage borrower owns the appreciation (or depreciation) of the property (proportional to their equity).
hx8
4 months ago
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I don't think it is proportional to their equity. The borrower owns all appreciation and depreciation.
kevin_thibedeau
4 months ago
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A home dweller is paying "rent" to the government as property taxes, possibly indirectly through a mortgage.
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