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There are more options beyond "own a house" and "pay someone else's mortgage without getting any equity"
by CapstanRoller 3y ago
There are more options beyond "own a house" and "pay someone else's mortgage without getting any equity"
- nomel 3y agoCould you give some examples?
- CapstanRoller 3y agoWithin capitalism, we could have some kind of system to provide equity to tenants. They are effectively already paying a mortgage (just not their own). Outside of capitalism? Many more possibilities.
- nomel 3y ago> we could have some kind of system to provide equity to tenants This sounds interesting. Is this hypothetical? How does that equity get transferred/slowly leaked to the next tenant? How does one liquify it?
- CapstanRoller 3y agoI don't know how such a system would work exactly, but I know it would require that we stop treating houses like speculative assets and start treating them like a basic need (shelter).
- deleted 3y ago[deleted]