I'm someone who believes landlording (and investing in property outside of just the one you live in) is immoral, because it makes it harder for other people to afford a home, and takes what should be a human right, and turns it into an investment.
At the same time, It's highly unlikely that I'll ever be able to own a home without investing my money.
And just investing in stocks means I won't have a diversified portfolio that could resist a financial crash as much as real estate can.
If I were to invest fractionally in real estate, say, through REITs, would it not be as immoral as landlording if I were to later sell all my shares of the REIT in order to buy my own home?
I personally think investing in general is usually immoral to some degree, since it relies on the exploitation of other's labour, but at the same time, it feels more like I'm buying back my own lost labour value, rather than solely exploiting others.
I'm curious how any of you might see this as it applies to real estate, so feel free to discuss :)
If you truly believe investing, and especially investing in real estate, is immoral, then you shouldn't do it, the same way you shouldn't eat pork if you keep kosher or halal.
Anything else, especially "it feels more like buying back my own lost value" is such a gigantic cope that I've seen pictures of it taken from the ISS.
Either accept that your beliefs are incorrect, and participate in the market like a normal person, or stick to your beliefs when it's inconvenient too.
This behaviour is morally no better than that of megachurch pastors who preach the immorality of gay sex and get caught paying men to fuck them in the ass.