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this post was submitted on 12 Sep 2023
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askchapo
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I kinda understand your mentality from a purely capitalist perspective, but you seem to forget that a mortgage is something that you're supposed to pay. If you're renting it should cover nothing more than damages.
If a renter is paying your mortgage, then they deserve a stake in your home.
So if you paid 200k for a home (or have a mortgage on 200k) then your renter should be given a 10% stake in the home for every $20k they spend. With that sakee also taking on the percentage interest that you're paying on the mortgage. So if you are charging $2000/month and your mortgage is only $2000/month, then at any point, the renter should be able to become owner of the home (by a significant margin because even at a predatory rate, that monthly is well above the mortgage).
If you are renting well below the mortgage, then they deserve a stake still. For every percent of the mortgage they help you pay, they deserve a return. If you don't give them their percentage, then you're stealing.
If they're paying your above the mortgage, then they have the right to kill you and take the home for themselves.