Welp. Interest rates are staying steady (at least) until the next announcement in October.

I don’t feel like inflation has decreased. Housing is still exorbitant. But there haven’t been mass layoffs, so we’ve got that going for us.

  • Pyr_Pressure@lemmy.ca
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    1 year ago

    If I were to buy a house somewhere and rent it out, the rent would cover the mortgage not my own rent to live somewhere else.

    • Rocket@lemmy.ca
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      1 year ago

      Methinks you’ve not thought this through.

      (Rental income - rental cost) - mortgage cost = (Rental income - mortgage cost) - rental cost