The benefit of renting is that when shit breaks, maintenance fixes it so that you don’t have to muddle your way through trying to replace the oven or some shit. Also you don’t have to do yard work. A good landlord is one who understand that his job is to provide housing and maintain the property, and not sit on his ass collecting passive income/hoarding wealth.
You can also up stakes and leave if something goes horribly wrong, and not repeatedly rebuild your house because of natural disasters or be stuck living next to the worst neighbor in history because you still owe $200k on the dirt you’re anchored to.
This is unfortunately only true when a landlord fixes things beyond the absolute bare minimum (massive globs of caulk on caulk everywhere is my experience).
A good landlord is one who understand that his job is to provide housing and maintain the property, and not sit on his ass collecting passive income/hoarding wealth.
There is no such thing as a good landlord. There is no benefit of renting in capitalism. It is strictly exploitative. Go away with your bourgeois drivel
I like our landlord.
He lets me into his pool, I offer my IT skills for their upkeep.
He keeps the rent relatively low.
Everyone is more or less happy.
So: You are wrong.
Edit: For the downvoter. Stay mad at your shitty landlord. But not everyone is a horrible landowner and human.
I could.
If I had said equity.
But life is unfair and I don’t have it. And until then, I can do my share of repayment he offers me by free entry to the pool.
The benefit of renting is that when shit breaks, maintenance fixes it so that you don’t have to muddle your way through trying to replace the oven or some shit. Also you don’t have to do yard work. A good landlord is one who understand that his job is to provide housing and maintain the property, and not sit on his ass collecting passive income/hoarding wealth.
You can also up stakes and leave if something goes horribly wrong, and not repeatedly rebuild your house because of natural disasters or be stuck living next to the worst neighbor in history because you still owe $200k on the dirt you’re anchored to.
This is unfortunately only true when a landlord fixes things beyond the absolute bare minimum (massive globs of caulk on caulk everywhere is my experience).
I will go ahead and plug Georgism here.
There is no such thing as a good landlord. There is no benefit of renting in capitalism. It is strictly exploitative. Go away with your bourgeois drivel
I like our landlord.
He lets me into his pool, I offer my IT skills for their upkeep.
He keeps the rent relatively low.
Everyone is more or less happy.
So: You are wrong.
Edit: For the downvoter. Stay mad at your shitty landlord. But not everyone is a horrible landowner and human.
You could have the same relationship with that person, with a similar mortgage payment, while building equity.
You can also not own and then not have to maintain a house, if life is good without equity.
I could.
If I had said equity.
But life is unfair and I don’t have it. And until then, I can do my share of repayment he offers me by free entry to the pool.