4 ms·
if land lords weren't a thing, housing wouldn't be expensive, it wouldn't be risky. Essentially the problems you're talking about only exist because you see own
by bluntfang 7y ago
if land lords weren't a thing, housing wouldn't be expensive, it wouldn't be risky. Essentially the problems you're talking about only exist because you see owning a home as an investment. Let's remove the investment part.
- dangus 7y agoOkay, remove the investment part. I agree. That makes me want to own a home less, doesn’t it? Even if homes are affordable in this hypothetical scenario, why would I want to personally own and maintain one? The risks are in owning the home in the first place. The landlord actually takes that on, and they take the reward of that risk as their investment gains. A roof costs $10,000 no matter how cheap housing gets in this landlord-less utopia. I still have to call a foundation expert when my basement walls start cracking unexpectedly. I don’t want that risk or responsibility. I want to pay someone a monthly rate and have them responsible for all issues related to the property. I want to be able to move at any time with no financial risk.
- bluntfang 7y ago>why would I want to personally own and maintain one? Because you won't have a choice since no one would become a landlord because it isn't profitable.
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- deleted 7y ago[deleted]