this post was submitted on 06 Jan 2024
369 points (94.2% liked)

Memes

45661 readers
1898 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
369
No one can stop me (lemmy.ml)
submitted 10 months ago by cyclohexane@lemmy.ml to c/memes@lemmy.ml
14 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] Anticorp@lemmy.world 8 points 10 months ago* (last edited 10 months ago)

I think the high price of housing will eventually prevent most individuals from buying a rental property, and like every other industry, the immensely wealthy corporations will take over. My last landlord paid $800 per month for her mortgage on the place. If someone wanted to buy a comparative property to rent out today, their mortgage would be closer to $5400 per month. There aren't a lot of people who could commit to that. The ladders are being pulled up.