Landlords hold legal liability a tenant does not

Comments

• sj_zero@lotide.fbxl.net ⁨2⁩ ⁨years⁩ ago

  The logic is absurd.

  "I should be part-owner!" oh, so when the roof needs to be re-done, are you going to pay for that? If the yard needs to be dug up to replace the water mains, are you going to pay for that? If the basement leaks, are you going to pay for that?

  Oh, you're not?

  Then the thing you're paying for is free use of the space for a certain period of time. If it isn't your responsibility, then you don't own it.

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• goldenballs@wolfballs.com ⁨2⁩ ⁨years⁩ ago

  As China, Japan and other export-driven Oriental economies sell off the US Treasuries and other foreign debt they own to try and control their own interest rates, this is driving 10-year yield up, and forcing US, EU, UK, ANZAC base rates up, which will accelerate the stockmarket crash, whilst mitigating inflation a bit. Mass lay-offs are coming, mass mortgage and other debt defaults threaten, and you're looking at bank collapses and food riots at supermarkets.

  China's housing market collapse is accelerating, bringing down stablecoins, and most of the shitcoins, as well as threatening to drag bitcoin down to sub-10,000. There's a tipping point shown in experiments where you need at least 7 people to rush out of a cinema of 100 all at once, to trigger a rush for the door. There's so much debt in the world, much of it in dollars that are generated from the UK, not the US, that the dollar is in demand to pay it off, making it stronger, whixh makes imports cheaper, but exports more expensive, affecting jobs and businesses in the US.

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  • masterofballs@wolfballs.com ⁨2⁩ ⁨years⁩ ago

    Sounds bad

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• squashkin@wolfballs.com ⁨2⁩ ⁨years⁩ ago

  I'm sympathetic to the conflict against landlords, land seems to be a more limited necessary good unlike others which has led some people to unique views of it like geolibertarianism

  but it's more the problem is all kinds of regulations are pushing up rent costs, and preventing people from making a comfy income to pay for them, than that the landlord system needs to be abolished.

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  • masterofballs@wolfballs.com ⁨2⁩ ⁨years⁩ ago

    Yeah its the regulations. Where I live its illegal to build a small two bedroom home. Because the people who already live here want to keep their property value up.

    Those kind of laws should be illegal. You should be able to buy a plot if land and do anything you want there.

    Many people would prefer to live in tents for very cheap than pay the widow who lives off her Tennant's rent.

    But that too is illegal.

    Now if only a few people hold all the land that can be a problem. Eventually the Tennant's will kill the lords. That can't be helped can't be to greedy.

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    • goldenballs@wolfballs.com ⁨2⁩ ⁨years⁩ ago

      In the UK, building regulations are very strict, and strongly enforced. This prevents picturesque villages and historic sites being ruined with hideous newbuulds and concrete boxes. Every market needs its range from cheap crap to attractive luxury - but not all in the same place at the same time... That would be a Parson's Egg.

      All ownership and all wealth is based on contracts... Fiat currency is just individual contracts, bank accounts are contracts, land deeds are contracts, property rights are contracts, constitutions are contracts, the government owes its existence to a contract with electorate, and all the laws that protect and preserve all contracts rest on that. Creditism ("Capitalism"), is a golden goose that can be easily slaughtered in a Statist revolution, as has happened many times in history, and the rich have be careful not to bite the hand that feeds them.

      That woman in the pic is highlighting an emerging risk, the likely resolution is tax and redistribution - danegeld to the proles to prevent the peasants revolting.

      Right now the four horsemen of economic lockdowns, dollar strength, interest rate rises, and moneyprinted inflation causing risk of rent and mortgage defaults, threaten to reduce demand, availability, access, and eligibility for mortgage debt, and thus prompting a strange mix of house price collapses and stagflationary house price inaffordability in high demand islands of prosperity and safety.

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