return2ozma@lemmy.world to Asklemmy@lemmy.ml · 9 days agoWhat was the price of rent you paid from 10 years ago compared to what the price is now for the same place?message-squaremessage-square31fedilinkarrow-up134file-text
arrow-up134message-squareWhat was the price of rent you paid from 10 years ago compared to what the price is now for the same place?return2ozma@lemmy.world to Asklemmy@lemmy.ml · 9 days agomessage-square31fedilinkfile-text
minus-squaremusicalphysics@discuss.onlinelinkfedilinkarrow-up3·edit-28 days agoThere are many costs and processes involved with owning. Not everyone wants to own or is going to be in a place long enough where it makes sense to own. Getting rid of all landlords introduces its own problems.
minus-squareCultuurMarxist@lemmy.worldlinkfedilinkarrow-up1·3 days agoThe costs are still always less than owning because the owner is making a profit so this doesn’t make much sense. The only good argument is that people might not want to be in a spot for long.
minus-squaremusicalphysics@discuss.onlinelinkfedilinkarrow-up1·3 days agoThe costs are less long term as an owner but owners are also responsible for repairs. As a renter you only need to cover monthly rent. And as you noted not everyone wants to be or will be in a single place for long.
There are many costs and processes involved with owning. Not everyone wants to own or is going to be in a place long enough where it makes sense to own. Getting rid of all landlords introduces its own problems.
The costs are still always less than owning because the owner is making a profit so this doesn’t make much sense.
The only good argument is that people might not want to be in a spot for long.
The costs are less long term as an owner but owners are also responsible for repairs. As a renter you only need to cover monthly rent.
And as you noted not everyone wants to be or will be in a single place for long.