17

was reading a thread on twitter about this. i know it's a topic that comes up every so often on communist spaces too, how do we approach house ownership - i don't mean a house to live in, I mean owning a second home that they won't live in?

I might come into a second home through inheritance at some point (hoping my parents still live long though lol). getting through a first home is probably going to be a mess bc of how i live in it with my siblings and here you get a mortgage until you die, because it makes more sense for taxes. Usually when kids inherit a home, they sell it because they're already living somewhere else and the next owner inherits the mortgage + a new one. oh well it's still far off lol, we'll see when we get there.

but if you come into inheriting a second home... what is the best solution? sell it to someone who will rent it out instead of you?

i know usually these discussions revolve around no ethical consumption in capitalism but they never seem to reach a final answer.

you are viewing a single comment's thread
view the rest of the comments
[-] OrnluWolfjarl@lemmygrad.ml 4 points 3 weeks ago* (last edited 3 weeks ago)

I've heard of arrangements like this in my country. They have a legal framework however. And usually they allow the home-dweller to pay an extra fee on top (like regular rent), which goes towards buying the house at a pre-agreed price. So at the end, they end up buying the house but paying for it in doses.

I can see how it could be abused by either party though. The home-owner could take advantage of the home-dweller, and the home-dweller could avoid paying the full fees agreed, ending up screwing the home-owner who is liable for things like property tax and minimum maintenance laws. It definitely would take effort and trust to make it work.

Having a contract drawn up for this sort of thing would be ideal, but that depends on the legal framework where OP's inherited house would be.

this post was submitted on 17 Apr 2026
17 points (94.7% liked)

Comradeship // Freechat

2794 readers
60 users here now

Talk about whatever, respecting the rules established by Lemmygrad. Failing to comply with the rules will grant you a few warnings, insisting on breaking them will grant you a beautiful shiny banwall.

A community for comrades to chat and talk about whatever doesn't fit other communities

founded 4 years ago
MODERATORS