Depends on the interest rate. With low rates from 7-8 years ago locked in, the taxes are half the payment. Interest is about 1/4 of what a comparable rental house would be.

Haha. Wild. The payments aren't quite half. Have to also factor in prop tax, Strata etc... but then yeah... if number go up of value then it's a medium term rental with a perk. 😦😳😖

SatoshisSkeleton

This is sensible, treat houses like you are renting them for 10 years. Plan to sell and move out before the 10 year mortgage is up. The interest-only payments are less than 1/2 the rent for a similar house. Hopefully, the house increases in price over that time so you break even or maybe make a profit.