Comment: Re:All the Crap (Score 1) 242
Here in Norway there are many who buy a house or an apartment on loan, not to live there but just to rent it out. And the income from the rent pays for the interest on the loan, all maintenance expences and there is still enough left to get a profit.
If someone else can buy my house on loan and make a profit renting it to me, then it should be better for me to just buy it myself with the same loan and pay the interest and downpayments with the money I otherwise would spend paying rent.
Whenever the rent is higher than interest and downpayments on a loan, then buying a house on loan is in my mind a sensible action.