It absolutely does directly affect renters, maybe they could have explained why, but it’s relatively obvious: Renters need to pay for owners mortgage interest, insurance and property taxes for owner to be in landlord business. His profits are the expected annual positive home appreciation.
It absolutely does directly affect renters, maybe they could have explained why, but it’s relatively obvious: Renters need to pay for owners mortgage interest, insurance and property taxes for owner to be in landlord business. His profits are the expected annual positive home appreciation.