What do families do, that only want or need to live in a place or area for like a year or so? Buy a house, pay thousands in closing costs and inspections, lose several thousand to realtors, and then have to go through the trouble of trying to sell the place a year later?
We very much need landlords. What’s screwing everything up is corpos doing it as a business or individuals with like 20 homes instead of one or two. Renting a house is a viable need for some people and it would actually suck if it was an option that didn’t exist at all.
The only reason costs of houses are so high in the first place is because they are lucrative investment objects, along with the fact that the most important part of city (and rural) planning, building homes, is largely left to private companies. You are assuming houses would be just as inaffordable without landlords, which is a problem of the current paradigm and not the one proposed.
A couple of years ago, my boss’ father (who founded the company and still worked there on and off) and I had a chat over lunch. I’m not sure how the topic of house prices came up, but he mentioned that when he and his wife bought their house, a car cost more than a house, so you knew that someone was really well off if they had two cars in the driveway.
I think that’s the first time I’ve actually gotten my mind blown. The idea that a car could cost more than a house just didn’t compute, and it still doesn’t quite sit with me.
Of course, the general standard of houses decline the further back in time you go, but houses were a lot cheaper back in the days. Below is a figure of housing prices in Norway relative to wages at the time (mirroring the situation almost everywhere in the west):
Factoring in the increased production capabilities over the same period of time, the construction cost of houses are not that much higher. If we designed our communities better and had a better system for utilizing the increased labour power, we could have much more affordable housing and more beautiful and well functioning societies.
Do not let it sit right with you. This future was stolen from you.
The problem is that these socalled “viable needs” are treated as and acted upon like they are elective priviledges by charging exhorbitant prices for the properties that are being made available. Blaming the market for it is just passing the buck and not owning up to your own choices in what you charge. I get that the ‘market’ has some effect on your rates but making it the main driver for your price that reflects the cost of the entire mortgage on the property is what makes you look like a parasite. If you and your tenants shared the cost of a mortgage in a more equitable fashion, i bet there would be fewer complaints.
What do families do, that only want or need to live in a place or area for like a year or so? Buy a house, pay thousands in closing costs and inspections, lose several thousand to realtors, and then have to go through the trouble of trying to sell the place a year later?
We very much need landlords. What’s screwing everything up is corpos doing it as a business or individuals with like 20 homes instead of one or two. Renting a house is a viable need for some people and it would actually suck if it was an option that didn’t exist at all.
The only reason costs of houses are so high in the first place is because they are lucrative investment objects, along with the fact that the most important part of city (and rural) planning, building homes, is largely left to private companies. You are assuming houses would be just as inaffordable without landlords, which is a problem of the current paradigm and not the one proposed.
A couple of years ago, my boss’ father (who founded the company and still worked there on and off) and I had a chat over lunch. I’m not sure how the topic of house prices came up, but he mentioned that when he and his wife bought their house, a car cost more than a house, so you knew that someone was really well off if they had two cars in the driveway.
I think that’s the first time I’ve actually gotten my mind blown. The idea that a car could cost more than a house just didn’t compute, and it still doesn’t quite sit with me.
Of course, the general standard of houses decline the further back in time you go, but houses were a lot cheaper back in the days. Below is a figure of housing prices in Norway relative to wages at the time (mirroring the situation almost everywhere in the west):
Factoring in the increased production capabilities over the same period of time, the construction cost of houses are not that much higher. If we designed our communities better and had a better system for utilizing the increased labour power, we could have much more affordable housing and more beautiful and well functioning societies.
Do not let it sit right with you. This future was stolen from you.
The problem is that these socalled “viable needs” are treated as and acted upon like they are elective priviledges by charging exhorbitant prices for the properties that are being made available. Blaming the market for it is just passing the buck and not owning up to your own choices in what you charge. I get that the ‘market’ has some effect on your rates but making it the main driver for your price that reflects the cost of the entire mortgage on the property is what makes you look like a parasite. If you and your tenants shared the cost of a mortgage in a more equitable fashion, i bet there would be fewer complaints.
There’s no reason that local governments can’t do this job, there’s no need for middle men leaching money.
But you could replace just about any product with that statement.
Now, you’re getting it…