Reminds me of "human resources". My experiences with HR have also been largely negative. They're there to protect and make sure the humans are a resource to the company, not for the humans and humanity.
Every room a dlc. They'll never repair the broken shit. Prices go uo regularly. On your windows are ads. And they'll ring your doorbell every hour to ask money or cookies.
Sounds about right 😁
There also is a thing called public property. Some time ago our government build and owned buildings. Everyone had a cheap home.
The moment you privatize a thing you become an investment.
So everyone needs to be able to spend the upfront capital to buy a home? What about people who want to rent? There are lots of advantages to not buying.
The advantages you mention are a result of inflated values. Your parents generations could much more easily buy a property and decide to sell it within a few years to move somewhere else.
back when I was growing up (I'm under 30) a normal middle class family could own a whole ass house with more rooms than people. today's housing market is not normal
So instead of paying rent, you pay loan payments. And the bank can seize your property if you can't pay. Sounds like six of one and a half-dozen of the other.
You're still thinking within the current broken system. The only reason the bank can seize everything unfairly no matter how much had been repaid is because the laws allow it.
Even if you ignore foreclosure, mortgaging still is often more expensive than renting on average in the short term. Because part of what you're paying for in a mortgage is the fact that it has a finite length.
Mortgage payments build equity and when you move you can sell the property and recoup nearly all of that. Rent is gone.
Foreclosure is a huge issue that needs to be addressed in legislation. All that equity should still exist for the homeowner even if they stop being able to afford payments.
My mortgage is gone because I paid it off. Which is an option, but not for renters who have to pay forever (and in many cases, increasing rates) just to keep hold of the same 1000 SQ ft place.
Where I live, we don't. Way too few homes. Especially for the financially challenged. The state fails hard to build as much as he promised to do.
So with rising scarcity, prices go brrrrrrrrrrr.
There's plenty of room even in places like Venezia (source: I was living there). Problem is they are mostly empty because the rich oligarchs bought as an investment and keeps them there empty. This is also compounded by the scourge that is Airbnb that is pricing out everyone.
I agree with the spirit of your comment, and I would only add that the practical implementation may need to allow for some leniency.
For instance, you shouldn't be forced to sell and buy elsewhere if your life circumstances change temporarily. The law in general could allow for renting somewhere and renting out elsewhere. But I would be onboard with the overall intent of such regulation.