"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
  • @abbotsbury@lemmy.world
    8•2 years ago

    What difference would it make for you?

    Well, paying an at-cost price would mean it is inherently cheaper as the government wouldn’t be trying to turn a profit, merely charge an amount that compensates for upkeep.

    Many of these mortgages are government funded anyway.

    But is still building equity for a private individual.

    my government is far more inept and corrupt than any landlord I’ve ever dealt with

    I have a say in my government though, at least theoretically. I think housing (at least primary housing) shouldn’t be a for-profit industry, so I advocate against it via my government.

    • @Morcyphr@lemmy.one
      -7•2 years ago

      the government wouldn’t be trying to turn a profit

      lol.

      But is still building equity for a private individual.

      With risk attached, yes.

      I think housing (at least primary housing) shouldn’t be a for-profit industry

      Agreed. Nor should food, water, electricity, health services, etc. but here we are.