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More radical: legalize a path to ownership for renters. You rented with no issues for 5 years straight? Great that’s 20% down on your new mortgage, it’s yours.
by timeagain 3y ago
More radical: legalize a path to ownership for renters. You rented with no issues for 5 years straight? Great that’s 20% down on your new mortgage, it’s yours.
It isn’t that real estate can’t be an investment, but we should reward those who invest their human capital as well.
Landlords and market investors might balk, but they are going to hell anyway.
- smeej 3y agoRent-to-own is already a thing if both parties consent. Forcibly taking something from somebody just because somebody else wants it is rather totalitarian.
- ComposedPattern 3y agoPlease take off the ideology goggles for a second. > Alice has to pay Bob one third of her income, or else he'll call on on armed men to throw her out of her home. "Not totalitarian" > Bob isn't allowed to do that anymore. "Totalitarian"
- za3faran 3y agoQuite the nonsensical argument. Alice pays Bob to rent his house, not her house. This is secondary to the nonsense situation we have at hand though, thanks to usury (aka interest) being normalized.