• GlitzyArmrest@lemmy.world
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      1 year ago

      So they’re giving the housing to those in need for free, or at the very least at cost? That would be “providing” housing.

      • mke_geek@lemm.ee
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        1 year ago

        That’s not the definition in the slightest. You don’t seem to have an understanding of what a landlord does.

            • Honytawk@lemmy.zip
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              1 year ago

              If the mortgage payment is the SAME or MORE as the rent, you aren’t providing shit.

              • mke_geek@lemm.ee
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                1 year ago

                That’s incorrect. Houses need maintenance. They are not self healing. Things break, items need replacing, grass needs to be cut, light bulbs need to be changed, etc. Tenants also need to be managed.

                • GlitzyArmrest@lemmy.world
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                  1 year ago

                  Interesting that every rental I’ve been in is in some state of disrepair, if that’s what you claim the extra is for. You’re purposely avoiding the fact that rentals are there to make the landlord money, and nothing more.

            • pivot_root@lemmy.world
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              1 year ago

              A landlord takes property off the market and provides housing that costs more than mortgage payments.

              FTFY

              • mke_geek@lemm.ee
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                1 year ago

                A landlord does not take housing off the market. Rental housing is still on the market for families to live in.

                Rent costs more than mortgage payments because it includes the payment for services to the owner. If you work a job you expect to get paid for your work and so does the landlord.

                • pivot_root@lemmy.world
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                  1 year ago

                  I said they take property off the market, not housing. By buying it and holding it indefinitely, that property is no longer available for purchasing.

                  Yes, services. Services that an owner could very well get done himself/herself without the bureaucratic overhead of having to use the landlord as an intermediary to a contractor.

                  The only landlords that could get things done faster than doing it yourself are those who have contractors and supplies on call. In other words, management companies or multiple-property landlords—the same ones who are in it solely to profit from the lack of available housing in urban areas.

                  • mke_geek@lemm.ee
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                    1 year ago

                    The property is still available for families who want to rent it. You take all the rentals off the market and those who want to rent housing will have no choices.

                    There’s still many properties available to purchases. Having a mixture of some properties for rent and some of sale gives people choices.

                    Many people don’t have the skill or resources to manage their own property, let alone pay for large expenses all at once.

            • Radioactive Radio@lemm.ee
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              1 year ago

              They buy all the houses and put them up on a subscription service that costs more than what the person would’ve paid for it and keep increasing the prices every month.

              • mke_geek@lemm.ee
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                1 year ago

                When someone is on a lease, the rent amount cannot increase during the lease period. At the end of the lease period, the person is free to move somewhere else.