It does.And after 30 years, the dividend yield on the S&P 500 index fund is more than enough to pay your full rent, while the homeowner is only paying “taxes, insurance and maintenance.” {{ LOL }}
Even after 40 years, the 1.6% dividend yield on the $693,000 S&P 500 account (about $11,000/yr) was more than enough pay the full $850/month rent in 2021.
intercst