Comment on No one really understands our struggle
CileTheSane@lemmy.ca 1 year agoUntil that world exists, someone has to offer rental properties to these people, otherwise where would they live?
If all the available housing wasn’t bought up by people wanting an extra 20k a year in rent, they’d live there.
skulkingaround@sh.itjust.works 1 year ago
If not landlords (and it often isn’t), it would be owner occupants buying them at equally obscene prices. Contrary to what the media might lead you to believe, something like 80% of housing units are owner occupant.
CileTheSane@lemmy.ca 1 year ago
That’s exactly what I’m saying. If it wasn’t for someone purchasing it just to profit off someone else just trying to live, it could be purchased by someone actually living there. You see how that’s better right?
skulkingaround@sh.itjust.works 1 year ago
It might be better for that one individual who purchased for themselves, but the people who can afford to buy is a much smaller group than those who can afford to rent. A healthy housing market has a good mix of both, because even if everyone who wants to own does, there will still be plenty of people who want to rent too. Whether it’s because they aren’t planning on staying more than a few years, or simply because they don’t want to have to deal with the tribulations of home ownership of which there are many.
CileTheSane@lemmy.ca 1 year ago
Well, we’re already moving quite the distance from
In regards to
You did say you were profiting off the rent. So the person paying the rent could afford to make all the payments you are making with the money they are currently spending on rent.
I have no problem with people renting out their basement, that is adding to the number of available homes. Single unit dwellings should be illegal to rent out and landlords should have to live on the property they are renting.