3 ms·
> Likewise, if the marginal return to capital of providing rental housing goes down, capital will be moved out of rental housing. We would all do fine if long
by throwaway189262 6y ago
> Likewise, if the marginal return to capital of providing rental housing goes down, capital will be moved out of rental housing.
We would all do fine if long term rentals were replaced with purchase, and those that can't afford to purchase put in free government housing until they can.
Rent dates back to kings that owned all the land and made commoners pay to live on it. I don't think it's right to profit off something so essential as the place you reside, it gives landlords near infinite leverage if tenants are too poor to move.
I agree with above, somebody has to eat the losses, and it should be the entities speculating on investment properties, not the (usually poor) people renting single units in them