A Boring Dystopia

Seeing the same thing here. Apparently I'm scum because I'm renting my previous home for -10%/+10% of: mortgage on the lower price I paid 10 years ago, plus property taxes, plus home owners insurance, plus repairs and maintenance.

Apparently I would no longer be scum if I stopped renting it and refused to renew my tenants lease, sold the house and made a huge profit now, and the next person will have to pay brand new closing costs plus a mortgage on double the home value and double the APR.

I'm guessing most folks down-voting the sane responses saying rentals aren't needed have never tried selling a house (and gone 6+ months paying the mortgage for a house you no longer live in) or don't know there's a "break even" calculation that tells you how many years you have to live in the same house before you're better off than having just rented (realtor fees to sell the house, closing costs, time to sell the home where you'll still be paying your mortgage + taxes + insurance, time to close, getting credit approval for a mortgage, etc).

Hell, I did the calculation when I had to move to a new state and I was able to rent a house for less than it would have cost me to pay for closing costs and realtor fees when I would have sold the house 3 years later. Not to mention the time to come up with 20% down payment.

But fuck me for not taking the easy way out, kicking out my tenants and cashing in on the current huge property values to sell my old home.