• 8 Posts
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Joined 6 months ago
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Cake day: January 26th, 2025

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  • Landlords are not philanthropists. You are not going to find a big group of homeowners who want to rent at a loss out of the goodness of their own hearts.

    I would love if the government took strong measures to encourage home ownership and discourage treating real estate as an investment. Really, I would. But that will take many years of hard work and economics PhDs to concoct a plan that works. So, until we find a government with the balls to do that for real, we have to understand that dealing with landlords in a realistic way is a necessary evil.

    Because if you nuke rentals without first ensuring people can afford to buy, all you’ll accomplish is to create a mass housing shortage worse than you’ve ever seen.