• Alto@kbin.social
    link
    fedilink
    arrow-up
    9
    arrow-down
    3
    ·
    1 year ago

    “forcing people to give up large portions of their income while building absolutely no equity in it simply to not be homeless due to policies we lobbied for isn’t exploitative!”

    • mke_geek@lemm.ee
      link
      fedilink
      arrow-up
      3
      arrow-down
      5
      ·
      1 year ago

      No one’s forcing anyone to rent any specific place. People have a choice. There’s thousands of rentals. They can live with family or friends.

      If people want to build equity in something, they can buy their own property.

      There’s nothing exploitative about trading money for a service. People trade money for services every single day. You want your oil changed for you? You pay someone to do it. You pull your car into their facility, they use their tools, and you gain a service – for a price.

      • nero@lemmy.world
        link
        fedilink
        arrow-up
        5
        arrow-down
        3
        ·
        1 year ago

        -> landlords buy buildings -> less buildings available for sale -> price goes up -> people cant afford buying homes -> people rent

          • nero@lemmy.world
            link
            fedilink
            arrow-up
            2
            arrow-down
            1
            ·
            edit-2
            1 year ago

            No, not every landlord is horrible and renting definitely has it’s place, but it shouldn’t be the only option you get unless you want to spend 700k

            Like the other comment said, it becomes a problem when large groups are buying up all properties

        • mke_geek@lemm.ee
          link
          fedilink
          arrow-up
          2
          arrow-down
          3
          ·
          1 year ago

          Landlords buy buildings --> More available rentals so people have more choices on where to live

          • Alto@kbin.social
            link
            fedilink
            arrow-up
            4
            arrow-down
            2
            ·
            edit-2
            1 year ago

            Then there’s the real world.

            Large groups of landlords/property management companies buy the majority of residential buildings in an area -> theres essentially nowhere else left to live -> they collude to increase prices