I agree with this. We have rented houses when we didn’t want to buy a house. Even though technically we probably could have bought one, it’s a pain in the ass to purchase and expensive to maintain and even now I’m not quite convinced it’s worth it. Housing is important but not everyone wants to be a property owner.
It’s more like the whole system is fucked, housing is too expensive and part of that is because of rental profit but it’s not the whole problem. We paid less per year to rent than we do to own, for similar properties. Even though the landlords made money.
lemmy_outta_here@lemmy.world 3 weeks ago
Renting is a good choice for people who can’t immediately absorb big expenses. If your furnace quits, it can be really nice to phone the landlord and ask them to fix it. Homeowners have to have ready access to cash, and not everyone is in that situation - especially when they are starting out.