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Are you implying that housing just disappears if there aren’t landlord to monopolize it? That’s hilarious. Remove landlords and now you have housing that can be

Are you implying that housing just disappears if there aren’t landlord to monopolize it? That’s hilarious. Remove landlords and now you have housing that can be purchased by residents through a bank loan. Can’t afford the down payment? No problem, a government program can fund that just like PPP loans. At the end of the day landlords are just parasites who exploit the poor and middle class by monopolizing housing. There is no need for them, anyone who can rent can, by definition, buy the property they are renting. Otherwise the landlord wouldn’t be renting to them.

PaulHoule 4y ago
If it is a large building then you run into the terrible governance problems of condominiums where pensioners will never vote to pay for repairs that will prevent the building from collapsing, killing them. See also https://en.wikipedia.org/wiki/2020%E2%80%932022_Chinese_property_sector_crisis https://en.wikipedia.org/wiki/2020%E2%80%932022_Chinese_prop... If anything, condominiums are a scam right up there with Amway, Bitcoin, and FTX and ought to be banned.
Spivak 4y ago
God can you imagine if every rental property suddenly went on the market to buy and there were rules where you can only own property you actually live in full time. Would be amazing. The housing supply in my area would legitimately triple.
Manuel_D 4y ago
> Are you implying that housing just disappears if there aren’t landlord to monopolize it? That’s hilarious. Remove landlords and now you have housing that can be purchased by residents through a bank loan. And then do what? The usual answer is to convert it to condos. Most people aren't interested in personally occupying an entire apartment building. And if you decide to rent out the units, congratulations now you're a landlord! > No problem, a government program can fund that just like PPP loans. You realize this is having the government subsidize landlords to take rental units off the market and convert units to condos? For all the ire you seem to harbor towards landlords you're awfully eager to give them government money.

PaulHoule 4y ago

If it is a large building then you run into the terrible governance problems of condominiums where pensioners will never vote to pay for repairs that will prevent the building from collapsing, killing them. See also https://en.wikipedia.org/wiki/2020%E2%80%932022_Chinese_property_sector_crisis https://en.wikipedia.org/wiki/2020%E2%80%932022_Chinese_prop... If anything, condominiums are a scam right up there with Amway, Bitcoin, and FTX and ought to be banned.

Spivak 4y ago

God can you imagine if every rental property suddenly went on the market to buy and there were rules where you can only own property you actually live in full time. Would be amazing. The housing supply in my area would legitimately triple.

Manuel_D 4y ago

> Are you implying that housing just disappears if there aren’t landlord to monopolize it? That’s hilarious. Remove landlords and now you have housing that can be purchased by residents through a bank loan. And then do what? The usual answer is to convert it to condos. Most people aren't interested in personally occupying an entire apartment building. And if you decide to rent out the units, congratulations now you're a landlord! > No problem, a government program can fund that just like PPP loans. You realize this is having the government subsidize landlords to take rental units off the market and convert units to condos? For all the ire you seem to harbor towards landlords you're awfully eager to give them government money.