• slackassassin@sh.itjust.works
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        2 years ago

        If someone’s grandma goes into assisted living, how does selling their house help anyone who can’t afford a house? Especially given the cost of assisted living. That’s a ridiculous criticism. It’s the people who own a dozen houses, or complexes, who are the problem.

      • norbert@kbin.social
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        2 years ago

        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.

      • Custoslibera@lemmy.worldOP
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        2 years ago

        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?

        • pascal@lemm.ee
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          2 years ago

          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.