this post was submitted on 09 May 2025
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[–] 10001110101@lemm.ee 4 points 14 hours ago

Mortgage payments are often cheaper than rent. The barrier for poorer people to owning is usually downpayment requirements and credit. There are many reasons for the "housing crisis;" most stemming from real-estate being treated as a speculative asset or "investment," which incentivizes all kinds of phenomenon harmful to society.