this post was submitted on 09 May 2025
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Let's some to simplify every person gets to buy only one home and this is only for them and their families to enjoy.
Now they still have more money than you. They just won't invest in a house but somewhere else instead. Now nobody can rent, great all the banks now get a ton of revenue for all that money they lend out because everybody needs to buy. (Making them insanely rich)...
Inequality is the problem, just peddling a simple solution like getting rid of one symptom is not gonna fix this. Also changing the system has historically done nothing in that way either.
Taxing the rich would. ;)
Landlords are easy to hate, but they are necessary. Having them paying high taxes and having strong protections for renters will keep them honest and contributing and the market balanced.
Let's start with some constructive work instead of hate flaming memes.
Yeah renting is definitely convenient in lots of scenarios, like moving to a new city / area, don't have a job yet, don't know how long you'll stay, or you know it's temporary, like for college. Having to buy the house each time would suck, banks wouldn't give mortgages this easily, especially in a market full of borrowers.