If there are empty houses because that currently makes financial sense to sit on the real estate without renting, then if we banned landlords, presumably all that housing would then sit empty. All the homeless would-be renters would now have to find money to buy. Maybe the government would back their 99% mortgage. And the ex-landlord house owners sitting with those houses would wait to sell at a decent price.
Or we just go full communism regarding housing and the government becomes the landlord dragon who doesn’t charge much, but doesn’t have enough money to upkeep the apartments.
Nope. Don’t need to buy those houses are now freed up as government housing. Capitalism is a disease that will kill us all because of people like you that have been so infected you can’t see any way to help your neighbors.
Some of my neighbors are landlords. If you are going to steal their investment properties from them, they will be screwed as they’ve been putting all their money into that as a retirement plan. Why would you want to destroy these people who have worked hard all their lives?
Nothings stopping the renters from getting a mortgage and buying their own house. Except if they can’t afford the down payment or are too much of a risk for the bank - and in that case, the landlords are providing a very important service to them - without which they’d be on the streets.
If there are empty houses because that currently makes financial sense to sit on the real estate without renting, then if we banned landlords, presumably all that housing would then sit empty. All the homeless would-be renters would now have to find money to buy. Maybe the government would back their 99% mortgage. And the ex-landlord house owners sitting with those houses would wait to sell at a decent price.
Or we just go full communism regarding housing and the government becomes the landlord dragon who doesn’t charge much, but doesn’t have enough money to upkeep the apartments.
Nope. Don’t need to buy those houses are now freed up as government housing. Capitalism is a disease that will kill us all because of people like you that have been so infected you can’t see any way to help your neighbors.
Some of my neighbors are landlords. If you are going to steal their investment properties from them, they will be screwed as they’ve been putting all their money into that as a retirement plan. Why would you want to destroy these people who have worked hard all their lives?
He says unironically while justifying milking millions of hard working people of housing that should be theirs.
If your neighbours were given the opportunity to work hard to own their property why shouldn’t the renters?
Nothings stopping the renters from getting a mortgage and buying their own house. Except if they can’t afford the down payment or are too much of a risk for the bank - and in that case, the landlords are providing a very important service to them - without which they’d be on the streets.
Some of my friends are intestinal parasite, if you take them out of their host they’ll be screwed.
If you’re retirement plan is fucking over people, then I hope you starve in your retirement.