3 ms·
Apartments and townhouses cover these use cases fine. Most other arguments are made by rent seekers acting like they are doing people a favor. Single family h
by silisili 4y ago
Apartments and townhouses cover these use cases fine. Most other arguments are made by rent seekers acting like they are doing people a favor.
Single family homes should be required to be owner occupied, end of story. People in the US and abroad are instead treating them like Pokemon cards.
- kube-system 4y agoThey do only if you presume that the only reason someone would need to rent is because they’re young childless professionals. There are many different life situations that might necessitate a single family home rental. Apartments are not large, townhouses don’t exist in some places, etc. Although I do agree we would be better off with fewer single family rentals, that number is definitely not zero.
- roel_v 4y ago"rent seekers" You've used this term several times in this thread, but it does not mean what you seem to think it means.
- concordDance 4y agoBe helpful and link to the wiki or paste in the definition.
- silisili 4y agoI know exactly what it means, and only 'good landlords' think it doesn't fit.
- golergka 4y agoIt means ordinary Americans contributing to their 401k and other pensions plans, mostly.
- tzs 4y ago> I know exactly what it means Are you sure [1]? [1] https://www.investopedia.com/terms/r/rentseeking.asp https://www.investopedia.com/terms/r/rentseeking.asp
- silisili 4y agoI'm open to the idea of being wrong, so please do tell me if so. > My line of thinking is around Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. and > That said, it’s possible for landlords to engage in rent-seeking behavior. So, I understand that rent in rent seeking is not and nothing to do with 'rent payments', so to speak. It's more a question of are landlords trying to extract value without producing anything. My opinion is, in many cases, yes. Especially someone like Invitation Homes, who essentially aim to corner a particular housing market for the sole purpose of extracting additional money from said units. If this is not considered rent seeking behavior, I'll cede that point.