> If you bought a home during ZIRP, this doesn't apply.
No, but if you're holding a 2% or slightly less mortgage, that's a nice place to be.
But of course it's not only the mortgage interest. Over the years your income goes up also, and inflation eats away at the real cost of that mortgage even if the monthly bill is exactly the same for 30 years.
> Smaller landlords will often eat the tax increase given the cost and risk inherent in switching tenants.
This can be true sometimes but not in the long run. Unless you're exceptionally lucky, you're not going to find a lifelong rental where the owner perpetually takes a loss.
No, but if you're holding a 2% or slightly less mortgage, that's a nice place to be.
But of course it's not only the mortgage interest. Over the years your income goes up also, and inflation eats away at the real cost of that mortgage even if the monthly bill is exactly the same for 30 years.
> Smaller landlords will often eat the tax increase given the cost and risk inherent in switching tenants.
This can be true sometimes but not in the long run. Unless you're exceptionally lucky, you're not going to find a lifelong rental where the owner perpetually takes a loss.