Cooperatives, self owned or the state are all fine by me. I just don‘t want people to make moneyjust from renting out. It‘s unproductive revenue because you‘re not actually providing a service. That feels wrong. We all need a roof over our heads and the cost should only cover repairs and not fill the pockets of someone else. Renting shouldn‘t be a business.
But landlords are providing a service, a roof over a head. For what ever is negotiated. Not everyone wants to own. Go over to first time home buyers and Reddit and see how many regret buying, renting is actually cheaper most of the time now.
It is a core need but not rare, there’s housing everywhere. Just depends on how you want to live. You want a sfh, apartment, studio, rent a room, ADU? There’s places out there, people just don’t like the market rate. But my place has rented twice and not been on the market for more then 24 hrs each time. It’s way cheaper then buying it at current interest rates. I haven’t lived in an apartment for many years so maybe I’m nieve on how bad it is.
Cooperatives, self owned or the state are all fine by me. I just don‘t want people to make moneyjust from renting out. It‘s unproductive revenue because you‘re not actually providing a service. That feels wrong. We all need a roof over our heads and the cost should only cover repairs and not fill the pockets of someone else. Renting shouldn‘t be a business.
But landlords are providing a service, a roof over a head. For what ever is negotiated. Not everyone wants to own. Go over to first time home buyers and Reddit and see how many regret buying, renting is actually cheaper most of the time now.
There’s no negotiating when a commodity is rare and a core need. That’s when greed enters the “market” and makes the lifes of people hell.
In other words: You are advocating for a class that could do right but often doesn’t.
It is a core need but not rare, there’s housing everywhere. Just depends on how you want to live. You want a sfh, apartment, studio, rent a room, ADU? There’s places out there, people just don’t like the market rate. But my place has rented twice and not been on the market for more then 24 hrs each time. It’s way cheaper then buying it at current interest rates. I haven’t lived in an apartment for many years so maybe I’m nieve on how bad it is.