A thriving business selling stuff people don’t need for them to buy with excess capital they no longer have.
This is just a whataboutism fallacy.
No you’re just ignoring a hole in your argument. I could profitably buy a plot of land and use it to store pig feces which happens in North Carolina.
Landlords do no more to provide housing than ticket scalpers do to provide concert tickets.
This analogy doesn’t track. They aren’t selling something the person could otherwise afford or even want to buy.
Landlords don’t work hard. Owning is not a job that provides for society.
Massive overgeneralization. I know contractors that built houses and eventually built one and rented it out for additional income. This means they worked to make the money to buy the land and the materials and invested their own time in building it which saved them a ton on labor costs. Somebody moved into it and lived there (e.g. value). Somebody should report them to the secret police!
I sure am aware. And I’m always aware that the people who do those things aren’t landlords. They’re construction workers and maintenance workers.
Again. Sometimes that’s the case. Sometimes it’s a dude taking care of everything himself on the weekend.
The landlords take no such risk because the demand for housing is so high that any vacancies can be filled as quick as they like.
You’ve never had to clean up a house destroyed by drug addicts. Believe me they can do a ton of damage. There’s plenty of risk. No one in this thread understands that though.
Funny how “what the market can bare” equates to entire generations being priced out of owning a home.
I wonder if the macroeconomic factors could play into that? You know? Stagnating wages, a falling dollar, endless wars, cronyism, endless immigration, enriching Blackrock during the 2008 bank crisis so that it can single handedly buy more single-family homes than any other entity in American history. Nope it’s Jim from work that rents a condo.
They managed it as long as they could. Have you ever had a family before? You’re supposed to help each other. It’s what people have done for all of time.
This is why you don’t get it. I spent my childhood cutting grass and repairing shit at a property owned by an elderly family member on a fixed income. We didn’t have money to hire someone to do it and tons of people are in the same boat. We did it for free because it was the best thing for everyone involved including tenants who often stayed for years because it was a nice place to live. No one got rich off of that property believe me.
You’ve resorted to name-calling in a way that is not only innaccurate but indicative of how hard you’ve thought about your argument.
I have no illusions about “wearing the boot” in fact I’ve already talked about the actual injustice that’s causing pricing issues across the board. (e.g. avoidable macroeconomic factors) You’re not proposing some revolutionary idea. ‘Everyone should have a house man…’ Unfortunately it doesn’t work that way. You can disagree with me but don’t bother unless you’re going to explain yourself.
“Housing is a human right!”
Now what? Do you plant a house seed and grow a house? You can demand whatever you want but that doesn’t mean you’re going to get it. Even in a world of minimal scarcity the one thing that will always be at a premium is people’s time and they usually they don’t hustle unless there is something in it for them especially if they are tacking on a roof in the middle of July.
The reality is this non-renter economy idea is just going to move the cost elsewhere and those with the means are going to abuse it in even worse ways that you haven’t thought of yet.
I’m okay with some kinds (of making money with land)
Like what? There are infinite ways to make money with land that are more useless and exploitative to society than renting a house.
Yeah that’s bullshit too (in regard to rich people owning acreage for enjoyment)
I’m glad you changed your mind.
Yeah that’s bullshit too (in regard to a normal dude owning an investment property)
Why?! What’s so morally reprehensible about someone working hard and being fiscally responsible to provide a service that people actually need as opposed to an ice cream shop or whatever? Do you realize someone has to actually build/maintain/renovate houses? Usually at great financial risk to themselves? The primary reason most houses exist is because someone took a personal risk in the hopes of coming out ahead from where they were originally. They can only charge what the market will bear after all.