this post was submitted on 20 May 2024
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The problem are not landlord... At least, not traditional one. It's because we treat a basic need as an investment. A home should not be an investment. It should be something like a car, it should depreciate with time.
Another thing is NIMBY. Preventing new construction project to protect your investment is another cause of this shitshow.
Another thing is urbanism rule. Homeowner should be allowed to build something on their land instead of playing the lawn competition every year.
Solve these and the landlord thing is gone. The landlord outrage is a distraction from the real plague. It's just a symptom. Of course a landlord will raise the price if it can, that's how a market works. Landlord can raise the price because we don't construct enough. That is the real outrage and that's what we should focus on. Not this shitty ragebait dividing piece of false problem.
Renting is useful for so many reason. Not everyone wants to take care of a house or can afford one.
Why would anyone choose to rent provided an option to own and sufficient funds? Who owns new construction? If landlords, why not manufacture scarcity to drive up prices?
If you only work at a temporary place for example. You don't want to bother caring for a house. You want to be able to move whenever you like. You can't afford a loan or you can't get one. You cannot guaranty that you will work in the near future.
A mortgage is something that will lock you down to a place. Buying a plac is also something that lock you down. You wanna move to another town for a new job ? Sell the house, buy a new one. That sucks. It's faster to just rent for a while then maybe buy something after.
I know it has been a bit. Renting makes sense in the case you mentioned. Needing to buy and sell property is a hassle. Landlords are a necessity for short term housing under the current economic model.
A future economic model could be use based. Housing is yours while you use it. The housing is available for someone else when you move on.