Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge::Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break.

  • CustodialTeapot@lemmy.world
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    10 months ago

    Okay, wow.

    You do know rent is just someone with a mortgage on a house too right? (Paid off or not)

    And if that landlords mortgage goes up, that will also make the rent they charge go up. ( Often far more than the rent, as it’s percentage related. So, if your friend was renting, he’d be even worse off…

    • bratosch
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      10 months ago

      Firstly, apartment complexes and the likes are usually owned by bigger companies with more leverage when negotiating loan rates compared to individuals. Secondly, renting a small apartment while holding on to their down payment money / saving even more is clearly gonna be cheaper than buying a 2 bedroom home in the middle of a city.