Say it louder for the people in the back πŸ‘πŸ»πŸ‘πŸ»

26 comments
  1. This gets me about landlords complaining though

    “The rent doesn’t even cover the mortgage payment!!”

    So you want someone else to work for 30 years to buy your house and the only thing you ultimately contribute is the initial deposit?

  2. The analogy that you are paying the landlords mortgage would only be true if you were also on the hook for the rent even after you moved out of the property.

  3. One of the reasons I’m not buying is I don’t want to take on the risk of negative equity or the risk of interest rates increasing significantly more. Less risk = less reward

  4. Yes if she paid half the deposit and and will be half accountable for defaults, pay half for all taxation, services and upkeep of house. If a pipe bursts and the damages need fixing she won’t be long changing her mind.

  5. Being a landlord is a far larger part [rent-seeking](https://en.wikipedia.org/wiki/Rent-seeking) than it is providing a service – with the whole of society and the economy manipulated into making an essential/inescapable requirement (housing) scarce, to force people into renting, to make well-off rent-seekers filthy rich.

    When combined with artificial scarcity, it’s as much of a business-customer relationship as a mafia figure going around taxing a whole neighbourhood.

  6. Why the fuck isn’t rent to buy a thing here! Fuck sake. It’s legitimately being left to be a system where the rich reign supreme. The government don’t give a singular fuck about you, never forget it.

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