this post was submitted on 09 Jan 2024
11 points (100.0% liked)

196

16247 readers
2454 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 8 months ago* (last edited 8 months ago)

If you are collecting less than half the mortgage (excluding utilities) in rent I think it's mostly fair. You are giving someone a cheaper place to stay and they should contribute to that, whilst you have seemingly no profit incentive.

If they were to stay with you a multitude of years and will therefore have contributed a significant portion of the entire mortgage then it would be most fair if they saw some part of it back upon sale, though that isn't entirely realistic either. Perhaps in a perfect world it would be, but if it were a perfect world they wouldn't have had the need to live in with you.

Though "you are providing a service and ought to be compensated for it" comes close to some landlord arguments, given it's not exactly a business model for you with multiple houses I think it's unethical nor immoral.