Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords?

• JoeBigelow@lemmy.ca ⁨1⁩ ⁨week⁩ ago

  Market rates would be a lot lower if people weren’t allowed to speculate on housing.

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  • darreninthenet@lemmy.sdf.org ⁨1⁩ ⁨week⁩ ago

    They would but do you believe they’ll be low enough that a bank would be prepared to take the on the risk of loaning the money to basically everyone?

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    • JoeBigelow@lemmy.ca ⁨1⁩ ⁨week⁩ ago

      I mean what was the 90’s?

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      • darreninthenet@lemmy.sdf.org ⁨1⁩ ⁨week⁩ ago

        In the UK? I don’t recall everyone suddenly having affordable mortgages

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    • LotrOrc@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Yes that’s exactly what was happening

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      • darreninthenet@lemmy.sdf.org ⁨1⁩ ⁨week⁩ ago

        I’m not convinced, at least in the UK it’s been a very very long time since mortgages were accessible to the average salary.

        I’m not saying there isn’t a problem but I’m not sure this would solve the problem right now. In the UK something like 70% of housing is mortgaged or owned (by the occupier)… most renters say the biggest barrier to getting a home is not the mortgage affordability it’s saving for the deposit. Indeed when I bought my first home 20+ years ago I needed my parents help on that front. Where do people live between leaving education and saving up for that deposit, whatever size it is?

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