I know someone who had a 2m+ home sit empty in SF for years. A 2m+ home in the P... | Hacker News

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		almost_usual on June 13, 2022 \| parent \| context \| favorite \| on: Finally, no bid on mortgage-backed securities I know someone who had a 2m+ home sit empty in SF for years. A 2m+ home in the Peninsula where the tenants stopped paying rent during COVID and still live there today. The tenant not paying rent annoys them but they’re not financially impacted by any of it. They own a business and make enough money that it’s not worth their time or energy to deal it. They have no connection to tech and work in a niche industry.

01100011 on June 13, 2022 | [–]

That's great. That's one data point. Most folks owning homes in CA aren't rich beyond their real estate.

cudgy on June 13, 2022 | [–]

Does this person have any other rentals? Sound like a good deal for the renter to have a landlord that doesn’t care if they pay rent.

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