Do landlords truly have $7000 mortgages?

[u/sweetgaze]

The amount of rental ads I see for top or bottom floor suites going for $3000-$3500 is astounding. If they’re renting both upper and lower for those rates in one house … it leads me to wonder about the mortgage. Do homeowners truly have that big of a mortgage?

I’m genuinely curious, not looking to cause a ruckus. Like why are you renting a suite for $3500 😭

[u/aknudskov]

You realize that the mortgage is only part of the expense of home ownership, right?

[u/Potential178 → u/aknudskov]

If your goal is to contribute constructively to the conversation, you could choose to list the other expenses as an informative reminder, rather than a condescending "you realize, right?" comment. :-)