Why People Rent in Ciudad Morazán When They Own Homes Elsewhere
This week's Morazan Monday (a weekly series on Morazán / Bootstrap City) explains why many of Morazan residents choose to rent in Morazan despite owning homes elsewhere! 🏡 pic.twitter.com/Q3sAGX3NbK
— Alex Ugorji (@AlexUgorji_) July 3, 2024
1) Economics
— Alex Ugorji (@AlexUgorji_) July 3, 2024
Many Morazan homeowners realized their house's rental vale is higher than its mortgage and maintenance costs. Thus by renting someplace affordable like Morazan they can increase their income, lower their housing costs, AND grow their real estate portfolio💰 pic.twitter.com/OstgpmA89Q
3) Freedom
— Alex Ugorji (@AlexUgorji_) July 3, 2024
Unlike the surrounding areas, Morazan has never imposed a curfew, covid restrictions, or had police check points 🚔
Likewise, the economic freedom and lack of zoning laws allows residents to operate a business from their homes with little to no taxes/regulations 🤝 pic.twitter.com/InLSlzYat2
Now you know why many homeowners prefer Morazan over their own homes! 🏡