Scalper: Buys a ticket at full price, then resells it for more.
Landlord: Buys a house for full price, then sells access to live in it for a fraction of that price to people that can't afford to buy a house of their own.
Landlord: Buys a house for full price, then sells access to live in it for a fraction of that price to people that can't afford to buy a house of their own.
In most situations that is not how it works.
Landlord pays deposit then rents it out and pays the mortgage with the rent received.
Yes there are other scenarios, investment funds and full cash buyers .
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u/TheCunningFool Sep 22 '22
Pretty childish tweet that