I feel like you are skipping over the part where people bid for houses, a process which advantages people with more access to capital in a fairly obvious way.
In risk terms the landlord is a better bet because they have collateral.
Landlords have assets they can leverage to acquire more property, while renters have to save deposits from income that's steadily eaten away by... rent...
I feel like you are skipping over the part where people bid for houses, a process which advantages people with more access to capital in a fairly obvious way.
In risk terms the landlord is a better bet because they have collateral.
Landlords have assets they can leverage to acquire more property, while renters have to save deposits from income that's steadily eaten away by... rent...