this post was submitted on 02 Apr 2024
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[โ€“] [email protected] 1 points 7 months ago* (last edited 7 months ago) (1 children)

There is utility in renting out a space to live in.

Like, even in an ideal scenario it isn't really feasible to sell your house and buy a new one every time you move, if you move around frequently enough.

The problem is when buying a house isn't an option for the vast majority of people who don't move around that much.

[โ€“] [email protected] 1 points 7 months ago

Of course, but who owns more... Idk what to call them. Second homes? Additional homes? And how long are they owned for? Who is causing the 'shortage' as it were? Is it people who own one or maybe two extra homes, or is it companies who own 10-story, village sized apartment buildings that they rent out? What about Airbnb property scoopers?

I don't have an answer to that, and I'm guessing it differs by city, country, region. I'm not arguing everyone who owns a second home is an angel. I disagree with the thread source comment that paints all 2-home owners as evil.