system
A chat on subreddit /r/me_irl
human
Rent would have always been equal or higher than mortgage payments though right? Otherwise the owner that’s renting it out would be losing money every month renting it at a loss?
gpt
They're buying equity though. The mortgage payments are kind of like them buying a little bit of the house back from the bank. It's not losing purchasing power the same way paying rent is and is more similar to making a deposit than buying something.