this post was submitted on 09 May 2025
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Let's some to simplify every person gets to buy only one home and this is only for them and their families to enjoy.
Now they still have more money than you. They just won't invest in a house but somewhere else instead. Now nobody can rent, great all the banks now get a ton of revenue for all that money they lend out because everybody needs to buy. (Making them insanely rich)...
Inequality is the problem, just peddling a simple solution like getting rid of one symptom is not gonna fix this. Also changing the system has historically done nothing in that way either.
Taxing the rich would. ;)
Landlords are easy to hate, but they are necessary. Having them paying high taxes and having strong protections for renters will keep them honest and contributing and the market balanced.
Let's start with some constructive work instead of hate flaming memes.
I would argue that being able to rent a house is necessary. That doesn’t mean we have to rent them from private landlords.
I would agree and add that companies are no option either. Can't have the state handle that though, look at the German rail and telecommunications companies. Utterly broken.
Best thing I have found working sometimes is housing cooperatives. "Wohnungsbau Genossenschaft". Which are incorporated as a non profit. But even those work only sometimes and only if most of the shares are owned by people actually living in the networks housing.
So let temporary accommodation be handled by the community? You don't need rich people to build houses.
Yeah renting is definitely convenient in lots of scenarios, like moving to a new city / area, don't have a job yet, don't know how long you'll stay, or you know it's temporary, like for college. Having to buy the house each time would suck, banks wouldn't give mortgages this easily, especially in a market full of borrowers.