this post was submitted on 19 Mar 2024
1175 points (90.9% liked)
Memes
45923 readers
2418 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I feel like this is easy to answer and I'm not sure why the question comes up so often.
People have jobs and get payed salaries to both build and maintain houses/apartments. Rent payments would go to pay the actual people that did the building / do the maintenance. Nobody makes profit off this. No landlord, no investor, no profit. The money goes to cover building costs, then maintenance. Easy peasy.
We have things like this. People build and maintain our public roads, schools, water/sewer systems, fire departments, military, etc.
No profits. No landlord gets free money for renting. No wallstreet investor gets free money for selling at high market values, etc.
Obviously, decisions have to be made about supply/demand, areas where lots of people want to live and all that. So what? Let's make those decisions intelligently instead of greed and profit driven.