11-30-2007, 02:02 AM
by "buyer" i meant renter, since they are buying a service.
ie- the landlord doesnt set the price, the renter does.
The landlord will always charge as much as the market will bear. In most cases, a landlord cannot charge in rent what the house monthly payment would be. if he does, the property sits unrented.
and also dont forget the cost of a house is far greater than its monthly mortgage payment.
ie- the landlord doesnt set the price, the renter does.
The landlord will always charge as much as the market will bear. In most cases, a landlord cannot charge in rent what the house monthly payment would be. if he does, the property sits unrented.
and also dont forget the cost of a house is far greater than its monthly mortgage payment.