Comment on If you argue for a cause like affordable housing for everyone, is it necessarily hypocritical if you also own investment properties?

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TranquilTurbulence@lemmy.zip ⁨2⁩ ⁨hours⁩ ago

It’s a bit more complicated than that though. Most people can’t buy a property, because they don’t have enough money. In order to go around that problem, they either borrow money or rent the property. Either way, some extra money always goes somewhere.

Some of it is justified, because you need to go around the problem not having enough money to buy a house. However, there are many cases where that extra expense is absolute wild and rooted in greed.

Actually, if you happen to own the property, some extra money will go to periodic maintenance and miscellaneous expenses you never even think of if you just rent the place. You just don’t pay for those things every month a little bit at a time. Instead, you pay a large bill once a year or an enormous bill every 10 years.

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