• chiliedogg@lemmy.world
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      1 year ago

      Can’t. Rich assholes and massive firms are buying them at insane prices so they can rent them out at double what a mortgage would cost. And that drives more people to apartments which drives their prices up.

      There’s a housing shortage in my area, and 30 percent of houses are empty. But if you jack up the rent enough, you make more money off those that can pay the ransom than you would by lowering the rent to get all units rented. It’s an artificial scarcity created by landlords.

      I work in municipal development and literally every single-family project that’s approached the city in the last 18 months is for rental only, because they figured out that mortgages don’t go up and eventually end, so why sell the houses at all?

    • Comment105@lemm.ee
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      1 year ago

      That’s an option that is actively being removed by massive firms. Empty houses are common, but available houses are few and affordable available houses are very rare.

    • gmtom@lemmy.world
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      1 year ago

      You’re a troll right? Because I refuse to belive anyone could genuinely be this clueless.

      • Skelectrician@lemmynsfw.com
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        1 year ago

        You make use of someone’s services, you pay for it. If you hate landlords, don’t indebt yourself to landlords. I started off with nothing, now I’m a homeowner.

        If I’m so fucking clueless, how come I have a mortgage and you don’t?