this post was submitted on 31 Jan 2024
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All landlords are in it for the profit. They should instead do more condominiums, so you can own the space you live in. We shouldn't have to live the rest of our lives paying rent.
Government-owned apartments don't need to have a profit-focus, and can instead have a service-focus.
You'll still be paying continuously for a condominium - there are plenty of things related to living in one of those that aren't free. Having an ownership-focused model of housing and incentivizing as such comes with a whole host of undesirable problems as well, so it's not strictly speaking a silver bullet. That being said, housing coops can under the right circumstances be a force for good.
True, but he means nationalized, so publicly owned, publicly funded.
Not only is rent there seen as temporary ownership (same in Germany), with really strong protections but the rent itself is like $300-$400 euros a month, barely anything for a top tier apartment that's basically a solarpunk megabuilding.
I honestly think that's preferable to paying mortgages for also for-profit banks and 'climbing the ladder'.
The lack of ownership as an option also prevents the accumulation of such wealth that someone can buy it all out and make it all worse again
I didn't even think about nationalized housing. Although I'm sure it will be lobbied against hard here in the US.
Most landlords. I was a landlord for a while because I was underwater on my mortgage, I had just gotten divorced, and I wanted to move closer to work. I rented the house out at a loss so I could afford an apartment.
So...instead of paying rent to the landlord, people will be paying a mortgage to the bank?