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Cake day: December 14th, 2025

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  • Imo they’re actually right. Landlords who charge above costs are leeches. But if the rent is costs (mortgage and HOA in this case), then it’s as fair a deal as possible. Owner gets the property and its risks (damage, depreciation, default) in exchange for their initial capital outlay. Renter gets a place to stay in exchange for (what I’d assume to be) a relatively stable reasonable rent.