2 ms·
If you don't rent, then you have to buy. Now you are paying money to the banks who "just rake it in". If you can't save up for the 5% downpayment, you have no c
by snarf21 10y ago
If you don't rent, then you have to buy. Now you are paying money to the banks who "just rake it in". If you can't save up for the 5% downpayment, you have no choice but to rent. There will always be a percentage of people who don't have the capital to buy and need renting options. Note: I'm not saying slumlords are good. I'm saying people need to have a place to live. People need to have jobs. The economy will always have to encourage people who provide housing and jobs as it is so critical to everything.
It seems like you are most upset about people who inherited money using it to their advantage. I think the biggest problem is not poverty but how the middle class is forced to pay for it. The powers that be tell the middle class that it is the lazy poor people's fault so they get the blame while the rich get richer.