My renters have paid for all 7 of my houses, plus my personnal home, no house payments now on any of them.
Got to live & pay somewhere, may as well OWN it. The investment part is not how much you make on it, it is a matter of living rent free, getting it paid for and coasting into retirement and old age,and leaving something to your children. That is the investment, but no trying to fix stupid, just take advantage of it. Invest in rentals.
I used to agree with you, but I’m starting to question our mutual “old school” values. Inflation will squeeze the life out of “mom and pop” landlords. Inflation will effectively reduce a $1,000 per month rental income to $100 and cause maintenance costs to skyrocket.
We live in an immoral world that goes out of its way to torment virtuous people.
Yes...renters are being taxed extra to subsidize those with money enough to own. It’s regressive.