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Half of all renters in the US make major, long-lasting sacrifices to afford housing. A basic failing of US capitalism. Many millions suffer so a small minority - landlords - profit. The system is the (lemmy.world)

submitted 9 months ago by jimmydoreisalefty to c/[email protected]

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@profwolff

Half of all renters in the US make major, long-lasting sacrifices to afford housing. A basic failing of US capitalism. Many millions suffer so a small minority - landlords - profit. The system is the problem.

Source: https://twitter.com/profwolff/status/1776718498519003278

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[–] PanArab -1 points 8 months ago (1 children)

Landlords can always charge more. The government needs to under cut them by providing affordable public housing with affordable rent or financing.

[–] [email protected] 1 points 8 months ago

I forgot to add that point, you can only raises prices by a rate equal to the previous year's median interest rate