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I do believe a lot of landlords don't care and will make decisions based on what makes them more money versus the well-being of the people living in their property. But I don't agree that landlords as a concept are bad, and that they all should sell their extra properties to reduce the crazy prices we're having.
There are plenty of reasons someone would prefer to rent than to buy, and if there are no landlords or rental houses what happens to those cases? I personally have attended university not at my home city, and I rented an apartment with other students. It makes no sense to buy in that situation. People who intend to live somewhere temporarily would mostly prefer to rent, what would happen then?
There is a problem with regulation, big companies owning whole apartment buildings, and generally small greedy landlords what will make their tenants life hell. But cutting out the whole concept is trading one issue with another.
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.
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.