Comment by kasey_junk
Comment by kasey_junk 3 days ago
That doesn’t change the question though. Why would the house you bought last likely be good for renting out? There are much better properties out there generally for residential cash flow.
But the probable answer is mortgages. If you got a 30 year mortgage for less than 3% you almost certainly want to do anything you can to keep your hands on it. It’s probably the best financial device ever given to the average consumer.
When supply is as constrained as it is, any house is good for renting out.