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> my big issue is that it ties you to somewhere This is also a benefit depending on your perspective. It makes you more a part of the community because your lo
by flukus 7y ago
> my big issue is that it ties you to somewhere
This is also a benefit depending on your perspective. It makes you more a part of the community because your long term best interests align. It's easier to keep long term friends when seeing each other doesn't become an inconvenience. I know some retired people that have lived in my (gentrifying) area most of their lives but are now struggling to keep up with ever increasing rents, to them being tied somewhere by owning property would be a godsend.
> the problem with your "build more homes to crash the price 80%" is its a great idea for those who dont have houses already, but for those that do it means enormous losses on their original investments
Most home owners treat their property as a home first and an investment second, if at all. Even if it's used as an investment it will usually be invested in their next home. Getting rid of property speculators would be great though.
> thats also why it does work in japan
Japan seems to have some issues (Hikikomori) that may be exasperated by this lack of permanence. Paying ever increasing rent and/or moving when I'm retired instead of $0 to live out my days in peace doesn't sound appealing.
- gaspoweredcat 7y agoits all personal preference at the end of the day, i can honestly say ive never been part of a "community" hell its rare ive even known my next door neighbours names nor do i have a desire to. as for long term friend ive known most of mine for upwards of 2 decades, we havent lost touch so far and i dont see it happening in future i also have no plans to retire, if i stop working ill become incredibly bored incredibly fast, im sure its a goal for those with partners etc or things theyve held off doing but not me, if ive wanted to do something i generally do it there and then and my emotional and social issues mean that i have no interest in having a family or partner, i have my hobbies and my work which is pretty much all i need while not to the extremes of japans hikikomori we have a significant number of people in their 20s and 30s still living with their parents here, but these arent jobless shut-ins theyre just regular people, the reasons for it are many, some simply cant afford to live alone and why rent a room in a shared house with a bunch of strangers when you can rent one with people you know? i suspect another reason is that single accommodation like one bed flats etc is not that common here so if you do rent alone youre likely renting a 2 bed house, which can feel rather dull and empty if youre living alone im also aware that i have a serious lack of responsibility, were i to own a place id have access to significant lines of credit and id end up doing something stupid and get it repossessed.