3 ms·
Who wants to rent? I imagine most would opt to own instead. Rent is certainly far higher than a mortgage would be, which makes little sense if you're trying to
by dee-bee 3y ago
Who wants to rent? I imagine most would opt to own instead. Rent is certainly far higher than a mortgage would be, which makes little sense if you're trying to encourage ownership (as often is the story about the american dream)
- rhaway84773 3y agoRent is only higher in the US because the U.S. govt greatly subsidized ownership. As an example, 30 year fixed rate mortgages are only a thing in the US because of govt guarantees.
- fallingknife 3y agoAnybody who doesn't want to: - put up a ton of capital - take housing price risk - enter into a long term commitment - deal with maintenance and repairs - deal with selling my investment every time I move And that includes me. I want to rent. I want the landlord to take care of all that crap for me. And I'm tired of all these people complaining about it.
- fatfingerd 3y agoYes, a nonprofit group running/developing a housing area and renting to its members is much nicer than having to own at least a condo and then dealing with a bunch of bank/lawyer/realtor nonsense every time you want to move.
- fallingknife 3y agoI don't want to be a member of a non profit housing group. Sounds like an HOA but made worse by the sanctimony and lack of incentives of people who work for non profits. I just want to hand over my money to a landlord and not think about it. My only considerations are what I pay and what I get in return. How much the landlord is making isn't at all relevant to me.
- fatfingerd 3y agoYou want to pay more for less reliable service and have it used against adequate housing to ensure the service continues to decline? A renter from a co-op, etc doesn't have to do anything for lower rent, more rights, options, etc, than another renter in the same city.
- dee-bee 3y ago[dead]