this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[–] nick@campfyre.nickwebster.dev 12 points 1 year ago (1 children)

No, you pay off their mortgage in exchange for not being homeless. All renting should be rent to buy. No renting without equity in exchange.

[–] sailingbythelee@lemmy.world 6 points 1 year ago (1 children)

"Rent to buy" already has a name. It's called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It's awesome.

[–] nick@campfyre.nickwebster.dev 8 points 1 year ago

The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage.