maximilianfragglebottom
1722
108
32
Aug 5, 2021 6:54 PM
maximilianfragglebottom
1722
108
32
alisa2089
Dude, not everyone can afford to buy real estate. Landlords are needed.
skapanda616
leodavinci1
Self-delusional nonsense.
quietwalker
Bullshit. Y'all aren't even angry about housing. You're angry about /desirable/ housing. No one wants to live in bumblefuck, nowhere.
quietwalker
Check out NPR's coverage on remote workers and how small towns are attracting folks. Works as long as you don't /need/ to live in the city.
seyne
The supply issues aren't really from landlords, but from restrictions on new housing construction through exclusionary zoning and stuff
seyne
although these policies are generally pushed for by homeowners (including landlords) who want to inflate the values of their properties and
seyne
avoid "undesirable" (I.E. poor, black, etc.) folks having somewhere near them to live.
woozle
realrealluckless
Don't forget the other factor to artificial price inflation: Artificial scarcity by blocking densification and sensible transit.
realrealluckless
And this is speaking as a developer and landlord - We as society are happily allowing money to be funnelled into banks for BS reasons.
realrealluckless
I could be building way more modern comfortable homes than I do now if I were allowed to build more townhouses in 'Single Family Home' zones
xKaraKx
Or full apartment complexes with mixed zoning instead of suburbs
realrealluckless
Locals refuse to allow mid-density away from the city core, which jacks land prices up to a point where only deep-pocketed Devs can play,
realrealluckless
then whine and complain about the towering apartments/condos we have to build to make a return on the core land...
DontNeedAWeatherManToKnowWhichWayTheWindBlows
Baloney. Renting also serves the less-than-permanent population. Not everyone wants to buy a chunk of land and settle on it for 30 yrs.
xKaraKx
So have public apartments you CAN rent at cost
MadCat221
When done at sensible levels. But unregulated capitalism never rewards moderation.
DontNeedAWeatherManToKnowWhichWayTheWindBlows
Who said anything about unregulated markets? Unregulated capitalism is dog eat dog, and we see that in the US in many markets.
cosinewave
So if there were no rental properties, housing prices would be so low that anyone could afford to buy instead of rent?
alisa2089
As a disabled person with little income, no.
imboise
No rich people would buy property and hoard it to raise prices. The idea that rentals are property hoarding is bullshit. Real estate is
imboise
a rich man's game and would be even more so if rentals were not available for the lower and middle class
miserycones
You'd need to prevent both landlords and real estate moguls from hoarding property
cosinewave
Who funds multi-tenant property construction then?
xKaraKx
Local governments
Andalite
That’s basically the logical conclusion. The problem being that whoever buys a home would natural want it to be spread out, which means no
Andalite
apartments. Most people won’t be able to afford an actual home, which will just result in those people being homeless? OP has a stupid take
Andalite
that wasn’t thought through properly. The working poor class needs landlords because apartments will be the only way they can survive.
realrealluckless
The 'working class' needs access to housing, which could be provided by 'the working class' itself without a landlord leeching profits...
Andalite
Nice idea in theory, won’t actually work because the assumption that housing prices are the way they are solely because of landlords is just
maximilianfragglebottom
that's how supply and demand works, yes, although personally i don't think housing should be a commodity at all
iputout
I don't how it works in your part of the country, but no one around me rents (or buys and rents out) single family homes. Rentals are all
iputout
Apartments, duplexes, town houses, etc. And are largely to people who don't want to own for a variety of reasons.
cosinewave
How would multi-family units be built under this model? They are essential to providing enough capacity.
Wirdjos
Without a landlord to benefit from a rental agreement, you'd probably want to sell multi-family housing unit by unit to avoid maintenance.
maximilianfragglebottom
gov't should greatly expand its role in providing housing, and if we need private ownership, individual units in buildings can be sold
maximilianfragglebottom
but models already exist for cooperatively owned and managed apartment buildings
cosinewave
That was tried starting in the 50s and became a disaster. Many cities have since demolished those buidlings.