LogFAQs > #979570143

Renting comes at a pretty hefty premium. For the same price, you can own a ton more house than you can rent. So I can understand how people would be mad.

But there are reasons the owner would need to charge a premium for rent. For example, maintenance and taxes comes out of the owner's pocket, and many tenants probably deal more damage than their deposit covers. Not to mention that there would be no point in doing it if you weren't making some kind of margin.

There's also a thing right now where investors (future or current landlords) are buying properties out from under everyone else because they're aiming to make a profit and consequently can afford to bid higher.