LogFAQs > #967623804

DarkBuster22904 posted...

No, they don't. They act as a middleman while passing all of the costs down to you. That down payment is paid for with your rent. The damages are paid for with your rent. Even if those damages never happen, you are paying for them on the off chance they might in the future, or did in the past. Plus an extra markup, because the landlord's goal is not to break even.

Landlords are not renting at a loss, or even to break even. Period. Any "risk" they assume is intrinsically offset by the nature of the business. They are MAKING money, 100% of the time. You, the tenant, are still paying for every single one of those "risks." The best you can say is that it's a deferred payment plan structure.

A structure that would not be needed if you just owned the place, as all those markups and extra expenses would be in your pocket instead of the landlord's. You could afford the down payment if you weren't spending months to years paying for theirs.

That's the point. They are middlemen who offer nothing but lack of ownership and higher prices.

Middlemen of what exactly? I can't comprehend your logic here.