this post was submitted on 04 Sep 2023
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You said that you rent the property you bought because that is the only way you could do it. That is litteraly your first sentence.
Someone else is paying your mortgage right now so that you can move in later.
I am not sure what else can be said.
No one is paying for his mortgage. Someone is paying for a rent. If you think this is bad, then rent should be outlawed.
The rent that pays the mortgage he couldn't afford to pay. All rent is is paying someone else's mortgage.
Let's say the mortgage is payed. Then the rent pays whatever the landlord decides to do with that money. Like literally any other transaction.