Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

Or can you? (lemmy.world)

submitted 4 weeks ago* (last edited 4 weeks ago) by SeattleRain to c/housing_bubble_2

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cross-posted from: https://lemmy.world/post/16031954

Doesn't matter how you try to justify it...

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[–] Bolt 0 points 4 weeks ago (2 children)

Not from this community, so I might get the vibe wrong, but is the idea that renting shouldn't exist at all? Because there are some situations where renting is preferable to ownership. Though none of that excuses price gouging, horrible practices, or disproportionate amount of space that renting takes up in the housing market.

[–] Xenny 1 points 4 days ago* (last edited 4 days ago)

Rentals should be owned by the city and the rent they collect should go to maintaining the property and towards new housing developments for the same city. Done. I did it. You could even leave the housing market alone as far as buying and selling houses and everything would still probably work out just fine.

Maybe we shouldn't have private apartment complexes just like we shouldn't have private prisons.

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