Not everyone can just pay a down payment on a property
Not everyone can just pay a down payment on a property
Why? It’s impossible for all of the homes to be owned, we’ve been between 63-68% home ownership
In fact, a nasty thing happened when the home ownership peaked around 2008
The problem is NIMBYs, not landlords
It’s not even a special problem if a corp is a landlord or just one person.
The problem is not enough housing, not enough construction. Housing prices are actually decreasing in Austin because Texas builds
Corporations owning houses is a tiny percentage, again, home ownership rate is 60%+
Look at the scale, it’s between 63-68 for decades and the top number was literally a bubble
I agree that not all of the productivity gains go to the workers, but the workers are better off now than before
Home ownership rate has been steady for decades
The wages have been going up, just not exactly as fast productivity for several reasons:
I said more likely, not guaranteed. His chance of having an untreated mental health problem is around the same as anyone else, around 25%, roughly
Except the uptick is from 1990, it’s been getting better for about 34 years now, with setbacks in the dotcom crash, financial crisis and the pandemic.
There haven’t been better wages at any point in US history as we beat the uptick of the 1970s some time ago
The smartest kid in school is much more likely to have a good job
Note that conditions haven’t been getting worse in America, but there’s a campaign by the populists to make people feel like it’s worse.
The economy is better than before the pandemic, the wages have finally started beating inflation (to the point people are making more now in wages than before the pandemic). But if you’re on social media you would not think this is the case.
More players than atoms in the known universe
You will eventually have to replace it when there are no replacement batteries. Get one that’s focused on repairability. Then you can basically keep it forever
I’m buying framework which explicitly has repair as a goal
Verbally slaying the sinner is a form of kindness. Letting people break user space willy-nilly is not kind
Or don’t buy from manufacturers that do this
Why is my hypothetical disqualifying? A lot of people actually use their houses as hotels, it’s called air bnb. It’s pretty profitable to use the property like that
If you include the hostel owners to live in them, they will be converted into hotels that don’t have that requirement. That’s not my argument. My argument is permanent residents will be forced to live in hotels as apartment buildings get converted by their current owners who can’t possibly live in all of their properties at the same time
My kneejerk reaction is not to landlords. It’s to “there should be a law”
If you implement this, people will be living long term in hostels in 6 people dorms because the landlords are not required to live in them.
I suggest reading Freakonomics, it explains how similar laws created perverse incentives in the real world
The government doesn’t have the money to buy every property