There are undeniable benefits to renting. I rent. It’s still a for-profit business in the end, though, and per capitalism, they’ll fuck you as hard as you let them.
It’s important to be aware of the fact that as long as we allow landlords to exist, they will work tirelessly to get rid of all of these regulations. They have the money and power to do so, and their condition depends on it.
Agreeing: Appliances, repairs, taxes, HOA fees, and utilities are all going up in cost faster than salary. The only homeowner cost I can think of that isn’t going up is my mortgage, which is fixed-rate. With a variable-rate mortgage, even that could be going up.
There are undeniable benefits to renting. I rent. It’s still a for-profit business in the end, though, and per capitalism, they’ll fuck you as hard as you let them.
But I also fuck them as hard as they let me. And in my city and state, which have very strong tenants’ rights protections, my fucking goes a long way.
It’s important to be aware of the fact that as long as we allow landlords to exist, they will work tirelessly to get rid of all of these regulations. They have the money and power to do so, and their condition depends on it.
“Vigilance, Mr. Worf. That is the price we have to continually pay.”
Good on you.
It’s hard for most people who see rent rise faster than salary. Which is the case for most of the United States.
You say that as if the cost of home ownership isn’t also increasing faster than salary. This is not a function of landlords/renting.
Agreeing: Appliances, repairs, taxes, HOA fees, and utilities are all going up in cost faster than salary. The only homeowner cost I can think of that isn’t going up is my mortgage, which is fixed-rate. With a variable-rate mortgage, even that could be going up.