▲ 1167 ▼ Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world) submitted 2 years ago by Custoslibera@lemmy.world to c/memes@lemmy.ml 279 comments fedilink hide all child comments
[+] collegefurtrader@discuss.tchncs.de -11 points 2 years ago (3 children) Because they provided you with shelter? permalink fedilink source parent hideshow 6 child comments replies: [–] norbert@kbin.social 17 points 2 years ago (1 child) Did they provide me shelter or did they sink their temporarily excess capital into the local single-family home market driving up prices? I'm paying a fair bit to live here so it seems I'm providing my own shelter. permalink fedilink source parent hideshow 2 child comments replies: [–] collegefurtrader@discuss.tchncs.de -2 points 2 years ago Both permalink fedilink source parent [–] nick@campfyre.nickwebster.dev 12 points 2 years ago (1 child) No, you pay off their mortgage in exchange for not being homeless. All renting should be rent to buy. No renting without equity in exchange. permalink fedilink source parent hideshow 2 child comments replies: [–] sailingbythelee@lemmy.world 6 points 2 years ago (1 child) "Rent to buy" already has a name. It's called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It's awesome. permalink fedilink source parent hideshow 2 child comments replies: [–] nick@campfyre.nickwebster.dev 8 points 2 years ago The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage. permalink fedilink source parent [–] Custoslibera@lemmy.world [S] 5 points 2 years ago (1 child) The landlords built those homes with the sweat of their brow? Once the home is paid off they’ll reduce the rent to only cover the outgoings on the property? The speculation on property as an asset class has no effect on pricing people out of the market for ownership? permalink fedilink source parent hideshow 2 child comments replies: [–] pascal@lemm.ee 3 points 2 years ago (1 child) Once the home is paid off HA HA HA! That's funny! I bought a house last year after renting for 20 years since I moved out of my parents' house. My kids will probably still pay for my house. permalink fedilink source parent hideshow 2 child comments replies: [–] Honytawk@lemmy.zip 1 point 2 years ago You can blame the investment landlords for that permalink fedilink source parent
[–] norbert@kbin.social 17 points 2 years ago (1 child) Did they provide me shelter or did they sink their temporarily excess capital into the local single-family home market driving up prices? I'm paying a fair bit to live here so it seems I'm providing my own shelter. permalink fedilink source parent hideshow 2 child comments replies: [–] collegefurtrader@discuss.tchncs.de -2 points 2 years ago Both permalink fedilink source parent
[–] nick@campfyre.nickwebster.dev 12 points 2 years ago (1 child) No, you pay off their mortgage in exchange for not being homeless. All renting should be rent to buy. No renting without equity in exchange. permalink fedilink source parent hideshow 2 child comments replies: [–] sailingbythelee@lemmy.world 6 points 2 years ago (1 child) "Rent to buy" already has a name. It's called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It's awesome. permalink fedilink source parent hideshow 2 child comments replies: [–] nick@campfyre.nickwebster.dev 8 points 2 years ago The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage. permalink fedilink source parent
[–] sailingbythelee@lemmy.world 6 points 2 years ago (1 child) "Rent to buy" already has a name. It's called a mortgage and you get it from the bank. As a bonus, you get to do all of your own maintenance and take all of the risk. It's awesome. permalink fedilink source parent hideshow 2 child comments replies: [–] nick@campfyre.nickwebster.dev 8 points 2 years ago The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage. permalink fedilink source parent
[–] nick@campfyre.nickwebster.dev 8 points 2 years ago The downside is all these greedy landlords make the prices outrageous so nobody can get a deposit on a house. It's easy when you already own one house because you can use it as collateral and also your tenants will pay off your mortgage. permalink fedilink source parent
[–] Custoslibera@lemmy.world [S] 5 points 2 years ago (1 child) The landlords built those homes with the sweat of their brow? Once the home is paid off they’ll reduce the rent to only cover the outgoings on the property? The speculation on property as an asset class has no effect on pricing people out of the market for ownership? permalink fedilink source parent hideshow 2 child comments replies: [–] pascal@lemm.ee 3 points 2 years ago (1 child) Once the home is paid off HA HA HA! That's funny! I bought a house last year after renting for 20 years since I moved out of my parents' house. My kids will probably still pay for my house. permalink fedilink source parent hideshow 2 child comments replies: [–] Honytawk@lemmy.zip 1 point 2 years ago You can blame the investment landlords for that permalink fedilink source parent
[–] pascal@lemm.ee 3 points 2 years ago (1 child) Once the home is paid off HA HA HA! That's funny! I bought a house last year after renting for 20 years since I moved out of my parents' house. My kids will probably still pay for my house. permalink fedilink source parent hideshow 2 child comments replies: [–] Honytawk@lemmy.zip 1 point 2 years ago You can blame the investment landlords for that permalink fedilink source parent
[–] Honytawk@lemmy.zip 1 point 2 years ago You can blame the investment landlords for that permalink fedilink source parent
