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OSRS_Rising t1_jbontuk wrote

Reply to comment by WutWhoSaidDat in New York landlord becomes legal guardian of 93-year-old Holocaust survivor: 'She had no one else' by Imguran

ACAB, but what’s wrong with landlords? I do not want to own a home at this stage in my life and neither does my wife.

They provide a service that I want, cops (for the most part), not so much…

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ZellZoy t1_jbotet7 wrote

Because if landlords weren't snapping up hundreds of properties each owning a home would be cheaper than renting is now even if you account for incidentals like fixing fridges and roofs

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kloakndaggers t1_jbozw5b wrote

that is totally area dependent..... Yes, you build long-term equity and potentially well but in some areas it is much cheaper to rent than it is to buy

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ZellZoy t1_jbp4u5d wrote

>Because if landlords weren't snapping up hundreds of properties

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kloakndaggers t1_jbpyc60 wrote

the small and pop landlords have been around forever. institutional purchases have really only gotten pop in the last 5 years or so. Even before that, places like California and New York renting was more affordable in many cases.

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newbutnotreallynew t1_jbozqn9 wrote

That service can also be provided by some entity that isn‘t profit seeking. Especially with modern technology, it shouldn‘t be any trouble at all to manage a part of housing stock for temporary accommodations without a bunch of wealthy people as inbetween. Make it something like nonprofit/coop or rent controls, if you don‘t want to go for full on socialism.

Vienna is actually a good real life example for this in action even under capitalism, where the city owns huge apartment blocks and thus keep the prices generally lower, since space is available that is not for profit.

Here, found an article explaining it: https://housing4.us/how-vienna-ensures-affordable-housing-for-all-with-an-extremely-complicated-housing-system/

That one might actually explain a bit better to how this came about too: https://www.politico.eu/article/vienna-social-housing-architecture-austria-stigma/amp/

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