LongjumpingShot OP t1_j487i5y wrote on January 13, 2023 at 9:04 PM

Reply to comment by drunklepockets in What does eviction prevention accomplish. by LongjumpingShot

That’s not true, I think rent to own is something valuable. It give those time to build credit where they would otherwise be homeless. I don’t think people who can’t qualify for home loans deserve to be homeless. Sometimes tenants just need time to build credit or need to test an area to know if they want to make a 30 year investment in an area. It’s kind of elitist to think renters don’t deserve housing.

I rent because it’s near my job. To deny me housing near my job because I’m not sure where my next job will be is unfair to those who rely on a paycheck and actually work.

Maybe in a few years, I’ll by but I shouldn’t be denied housing because I’m not ready for ownership in the area.

drunklepockets t1_j48ce2l wrote on January 13, 2023 at 9:34 PM

So you own a house you don’t live in and rent one you don’t own. In a better world wouldn’t you just own the house you live in?

LongjumpingShot OP t1_j49atv3 wrote on January 14, 2023 at 1:34 AM

I don’t want to own where I work. I’ll stay here as long as needed for my career to develop. Everyone’s situation isn’t stable enough to just make long term investments such as home purchases in every scenario. In some scenarios it’s better to rent and let the land lord who knows how to pay taxes, where the most reliable contractors are, etc take those services. It’s more than just paying a bank note to owning a home.

drunklepockets t1_j48cywo wrote on January 13, 2023 at 9:38 PM

Housing should be like plates a dinner, no one gets second’s until everyone has gotten their first plate. I don’t think small time landlords are the biggest problem in the world, obviously huge banks and hedge funds, companies like Zillow buying up huge amounts of properties and keeping a lot empty to drive prices up are the real problem. That being said, stealing $100 and stealing 10 million are both stealing. We know which one is worse. I’m not attacking you. I’m just pointing out that the system set in place (that you are benefiting from) is unethical.

LongjumpingShot OP t1_j49bjr7 wrote on January 14, 2023 at 1:39 AM

I understand what you’re saying. I actually had my house for sale before I rented it. No body wants to buy, even the renter I offer to sell at a much cheaper mortgage rate than the rent, they weren’t interested.

That’s true of where I’m renting now. I can buy for a cheaper note but I don’t want to. I think only allowing home ownership is exclusionary. Good luck getting in west Howard county schools with bad credit or without a mortgage.