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guitmusic12 t1_ispcrg8 wrote

Reply to comment by CLS4L in Rent going up? One company’s algorithm could be why by anurodhp

What % of a landlords expenses are not fixed or partially fixed rate mortgages

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free_to_muse t1_isrckky wrote

That’s a weird question. Say one landlord inherited their property and so 100% of their expenses are not fixed rate mortgages. Another landlord borrowed the entire purchase price a year ago at a fixed rate. Their P&I payments are guaranteed to be stable (but massive) and now they’re under water too. And they have all the same non-fixed expenses as the first landlord. Who’s in the better position?

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CLS4L t1_ispgsvy wrote

Great question wish it was that easy.

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