They’re just trying to pay for their grandma in the nursing home!
Oh, what about your grandma? Fuck her, pay your rent.
If someone’s grandma goes into assisted living, how does selling their house help anyone who can’t afford a house? Especially given the cost of assisted living. That’s a ridiculous criticism. It’s the people who own a dozen houses, or complexes, who are the problem.
Because they provide something that is so valuable to you that you give them a good amount of money for it. Thats why.
You choose to give them money because their house seems to be a huge quality of life improvement, otherwise you could always find a cheaper house.
Except there really isn’t a choice. You pay rent or… What? Sleep on the street or in a car? Which is illegal in many places already.
“Just find a cheaper house” isn’t actually an option available to people who you know… Want to have a job. It’s just a glib thought-terminating cliche that doesn’t engage with the actual issue.
… and because you dont really have a choice, you shouldnt have to give them any money?
You also dont have a choice not to buy food but that doesnt mean that the farmers shouldnt be payed for it. I have the impression that with landlords, people are just envious because they dont have to actively do labour even though that doesnt change anything for you…
If anyone was free to buy a house whenever they liked, renting wouldn’t be such a problem. The problem is, renting nowadays is the only solution and therefore those who own properties are free to charge what they like and people either put up with that or be homeless.
Renting should be a temporary measure, however nowadays people can’t afford to actually buy homes because renting means they don’t have money for deposits.
Renting isn’t a choice for most people, it’s a means to keep them off the streets. The landlords have the monopoly.
Did they provide me shelter or did they sink their temporarily excess capital into the local single-family home market driving up prices?
I’m paying a fair bit to live here so it seems I’m providing my own shelter.
No, you pay off their mortgage in exchange for not being homeless. All renting should be rent to buy. No renting without equity in exchange.
“Rent to buy” already has a name. It’s called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It’s awesome.
The landlords built those homes with the sweat of their brow?
Once the home is paid off they’ll reduce the rent to only cover the outgoings on the property?
The speculation on property as an asset class has no effect on pricing people out of the market for ownership?
Once the home is paid off
HA HA HA! That’s funny!
I bought a house last year after renting for 20 years since I moved out of my parents’ house.
My kids will probably still pay for my house.