• jol@discuss.tchncs.de
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    1 day ago

    Hm, when I say owning a second home I don’t mean building a second home. I strictly mean owning a second estate. I don’t see how buying an existing estate to rent it out has anything to do with climate. It’s just an investment to buy it and rent it out, even without planning on it increasing in value.

    • MintyFresh@lemmy.world
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      1 day ago

      Don’t farm people. It’s a home not a financial instrument. If you want riches produce something of value. In that scenario you’re just jamming yourself between someone and their basic need for shelter with your hand out. A different problem than climate change to be sure, but problematic all the same.

      • jol@discuss.tchncs.de
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        23 hours ago

        Hm I don’t know man. I’m not a landlord, I don’t even own a home. But I see renting as a useful service. Do landlords and estate companies abuse people? Absolutely. But I don’t see renting as evil per se. Buying a house/flat is a huge personal investment and risk, and I’m happy to rent for the time being until I’m ready to buy.

        • MintyFresh@lemmy.world
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          23 hours ago

          We could have co-op’s, instead we have profits. I wish you all the luck in buying your own home. But for me, where I’m at, I will forever pay rent to never own anything. Forever a second class citizen. All these apartments I’ve lived in with rents calculated not by necessity, but by what the market will bear. I’m pissed, and I think you should be too.

          • jol@discuss.tchncs.de
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            21 hours ago

            Yup, it’s pretty disgusting when rents are allowed to increase by inflation (or more) instead of the average salaries.

            Co-ops do exist, but they are so rare. I wonder how hard it is to start my. Own co-op?

            • MintyFresh@lemmy.world
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              19 hours ago

              Idk the specifics, but I know the cards are stacked against it. It’s tougher to find banks that will do business with you, and a lot of the tax breaks homeowners, condo owners too, get, aren’t available to co-op’s.

              • jol@discuss.tchncs.de
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                18 hours ago

                It makes sense because if you can’t pay your loans, the bank will literally take your house, so it’s win win for them. If you can’t pay the rest of the co-op, they only get some shares of a building full of hippies 😬 gotta get rich first, then I can make my own co-op.