3 ms·
I've been close to this issue lately. My family owns many rental properties, and most of our income comes from rent. Several months ago I left my home at my wif
by pontifier 9y ago
I've been close to this issue lately. My family owns many rental properties, and most of our income comes from rent. Several months ago I left my home at my wife's request and had a huge dilemma. You see, I had a situation with some storage units last year that helped me to discover that I HATE paying rent. Seeing it from the landlord side for many years has shown me how worthless it is for the tenants... They pay upward of %30 of their income, and next month do it again. It's truly modern slavery.
I hate paying rent so much that I'd rather be homeless than pay someone else rent. I slept in my car, and on the side of the road and thought a lot about this problem. Rent and homelessness are big issues, and I discovered that the real problem is a major stigma in our society against truly affordable or alternate housing.
Housing doesn't need to cost $2k per month. Most people don't need huge houses. Many people could do just fine in MUCH cheaper housing, shared housing, or even non-housing such as sleeping in a car.
Super cheap housing can be a legal problem. In my town, it's illegal to rent a house to more than 3 unrelated people. That's totally insane. If people want to shack up 5 to a room to save money that should be their right. Reducing the stigma against this would essentially reduce housing demand and lower prices across the board.
I'm also working on a project to turn the entire real estate market on it's head... This will also help to solve this housing catastrophy.
I'm confident this housing problem will be seen as one of the most preventable inhumane practices we currently engage in.