Is it better to pay mortgage interest to a bank?
A Boring Dystopia
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Why do you think it's been made so difficult to own a home? Long as you're paying rent, you're a cash cow.
Also individual owners have become a liability for the insurance entities that guarantee the mortgages for the banks. Wages:COL have gotten so bad that it's basically the sub-prime mortgage crisis but for people who actually paid down payments.
They built the system on property going up forever with only a small % defaulting. So they've gotta keep enough of us out of the market to ensure they can keep cashflowing their ponzi scheme.
LOL. Try owning a house. The mortgage is just the start of costs.
It wouldn't be an issue at all we were paying to a normal person who's got ex. To pay for their mortgage, for college debt etc. The issue is that we are paying evil corporations and not normal people. We are fueling gentrification and we can't even boycott them
Lets translate that
"If you can not buy a house in cash, you should live with your parents or be unhoused."
Let's translate yours: "I cannot conceive of a social housing system similar to that of social healthcare, in which people are guaranteed housing at affordable prices by law"
Umm this is against rent at all. As in ANY rent. So an affordable price is still against this statement.
This wasn’t “some rent is theft”
The post: "rent is a tax TO RICH PEOPLE[...]". The problem is obviously private landlordism, not social housing in the form of rent
I pretty much agree with this. The economy has grown up to be for parasites made by parasites. The value of work should be way higher that it currently is. The economy should work on people actually doing things rather needing to own to become prosperous.
I hate this type of posts. There's nothing wrong with renting or paying rent. Most of American rent problem is because of high rent, not rent itself.
I hate these kinds of comments. No shit we'd be okay with cheaper rent but they're not going to make it cheaper out of the goodness of their heart. We have people's who's whole job is to "sELL hOuSES" and profit from it
Nah it's more like the reality outside america where people outside of affluent class own multiple properties too, and corporate isn't involved in property renting scene. So our rents are lower per square feet for same property, than in the west.