If a person disappears the things they own will still be here, shocking revelation.
Found the landlord, guys
When workers die, you no longer have labor. When scientists die you no longer have their intelligence.
Thing is, someone owns those houses and it's certainly not poor people like me. Also we need more housing in most western countries and private entities are definitely not going to build it if they can't rent it out. We need to figure out a way to force public entities like the state to build more housing.
A communist (or similar) revolution might take care of it, but that's a lot more involved than "all landlords disappear".
If all those people that have money to build houses were forced to give it away (taxes), we the people (the government) could just build the houses and not charge exorbitant rent.
The hard part is how to actually make the government do that. And ideally without turning your state into a stalinist or maoist dystopia.
Mortgage payments are often cheaper than rent. The barrier for poorer people to owning is usually downpayment requirements and credit. There are many reasons for the "housing crisis;" most stemming from real-estate being treated as a speculative asset or "investment," which incentivizes all kinds of phenomenon harmful to society.
Such a paradox isnt it. We have declining birth rates in the west, yet somehow we have a housing shortage. Its like they deliberately drove down building to drive up prices.
We might have declining birthrates, but we also have substantially different living arrangements. 100 years ago, millions of 70 year olds living alone in a one family house would not be a thing. And part of the reason for the birthrate decline is that younger people are single for longer periods of time, which means they aren't living with a partner - most single adults will live in one person households if they can.
There's a lot of smug "well actually" commenters in this thread, who have completely missed that the meme is making a rhetorical point about the nature of rent-seeking rather than sincerely advocating for the sudden disappearance of all landlords.
Let's some to simplify every person gets to buy only one home and this is only for them and their families to enjoy.
Now they still have more money than you. They just won't invest in a house but somewhere else instead. Now nobody can rent, great all the banks now get a ton of revenue for all that money they lend out because everybody needs to buy. (Making them insanely rich)...
Inequality is the problem, just peddling a simple solution like getting rid of one symptom is not gonna fix this. Also changing the system has historically done nothing in that way either.
Taxing the rich would. ;)
Landlords are easy to hate, but they are necessary. Having them paying high taxes and having strong protections for renters will keep them honest and contributing and the market balanced.
Let's start with some constructive work instead of hate flaming memes.
I would argue that being able to rent a house is necessary. That doesn’t mean we have to rent them from private landlords.
I would agree and add that companies are no option either. Can't have the state handle that though, look at the German rail and telecommunications companies. Utterly broken.
Best thing I have found working sometimes is housing cooperatives. "Wohnungsbau Genossenschaft". Which are incorporated as a non profit. But even those work only sometimes and only if most of the shares are owned by people actually living in the networks housing.
Yeah renting is definitely convenient in lots of scenarios, like moving to a new city / area, don't have a job yet, don't know how long you'll stay, or you know it's temporary, like for college. Having to buy the house each time would suck, banks wouldn't give mortgages this easily, especially in a market full of borrowers.
And you still wouldn't own it
Source?
You could say the same for every capitalist :3
I think technically people that own their own homes are landlords too, but I get what you mean.
From Wikipedia
A landlord is the owner of property such as a house, apartment, condominium, land, or real estate that is rented or leased to an individual or business, known as a tenant.
So, I'd say you're technically wrong :D
