Rental housing makes sense for people who aren’t intending to stay where they are in the long term (young single people or people whose situation is in flux in some way). If you’re expecting to move on, lumbering yourself with an expensive asset that will take years to pay for and may require months to unload when you no longer need it isn’t smart.
It may make sense to restrict rentals to multi-unit buildings, and also restrict the number of buildings or units under the same owner, but having none at all causes more problems than it solves.
Sure, we can allow some small percentage of the overall housing to be owned by businesses whose sole purpose is providing a good rental housing experience for those in transit. But that’s fundamentally different than parasitic landlords whose only job is owning a property and periodically scheduling the cheapest maintenance workers to do actual work they can.
This isn’t your governments legislation branch, I’m not proposing a 100 page documentation. I’m simply suggesting a policy direction which is housing should be for housing, not for investment or for rent collection. If someone makes money off of someone they should provide a meaningful service and I think if housing wasn’t an investment vehicle the entire system would look so radically different people can’t imagine what a system without some landlords existing would look like.
Imagine everyone owned their house, it wasn’t expensive, selling one was like selling a car, but you could sell to the government if need be at no meaningful loss and the government sold them back to people like a service for just such a situation.
Rental housing makes sense for people who aren’t intending to stay where they are in the long term (young single people or people whose situation is in flux in some way). If you’re expecting to move on, lumbering yourself with an expensive asset that will take years to pay for and may require months to unload when you no longer need it isn’t smart.
It may make sense to restrict rentals to multi-unit buildings, and also restrict the number of buildings or units under the same owner, but having none at all causes more problems than it solves.
Sure, we can allow some small percentage of the overall housing to be owned by businesses whose sole purpose is providing a good rental housing experience for those in transit. But that’s fundamentally different than parasitic landlords whose only job is owning a property and periodically scheduling the cheapest maintenance workers to do actual work they can.
This isn’t your governments legislation branch, I’m not proposing a 100 page documentation. I’m simply suggesting a policy direction which is housing should be for housing, not for investment or for rent collection. If someone makes money off of someone they should provide a meaningful service and I think if housing wasn’t an investment vehicle the entire system would look so radically different people can’t imagine what a system without some landlords existing would look like.
Imagine everyone owned their house, it wasn’t expensive, selling one was like selling a car, but you could sell to the government if need be at no meaningful loss and the government sold them back to people like a service for just such a situation.
Idk man, it’s not that hard.